Gibbons out of TN Governor's Race
NASHVILLE, Tenn. (AP) - Republican Bill Gibbons is abandoning his gubernatorial campaign over money concerns.
The Shelby County district attorney general announced Friday that he made his decision to withdraw because he was unable to raise enough money to be competitive.
Gibbons said his campaign strategy called for a total budget of $2.5 million - considerably less than his main rivals - but that he has twice failed to reach an interim goal of $1 million. The primary is Aug. 5.
Gibbons' departure leaves a field of Republicans that include Knoxville Mayor Bill Haslam, state Senate Speaker Ron Ramsey of Blountville and U.S. Rep. Zach Wamp of Chattanooga.
The Democratic candidates are Jackson businessman Mike McWherter and former state House Majority Leader Kim McMillan of Clarksville.
Democratic Gov. Phil Bredesen can't run again because of term limits.
(Copyright 2010 by The Associated Press. All Rights Reserved.)