
Des Moines, Iowa (CNN) – Rick Perry's "re-assessing" phase will apparently last through the remainder of the week.
After his disappointing fifth place finish in the Iowa caucuses, the Texas governor has scrapped his entire campaign schedule and will return to Austin to ponder whether to forge ahead with his bid.
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"We have been told to hold until we hear from Austin," said a Perry source in South Carolina, where the candidate was preparing to launch an aggressive statewide bus tour on Wednesday. "It looks like he is not coming this week. He has definitely canceled his plans."
Perry announced Tuesday night to a crowd of supporters at his Iowa campaign headquarters that he would assess his campaign in the coming days.
"With a little prayer and reflection, I'm going to decide the best path forward," Perry said.
Also see:
Bachmann looks ahead to South Carolina


To bad for all those on death row in Texas , it will be back to business as usual .
Maybe Perry can run for Louie Gohmert congressional seat . And Louie can go back to beauty college.
Gov Perry could win if he hired me! his loss is due to wrong ads, wrong approach, wrong counsel; with WISDOM he can win!
Probably the smartest thing Perry has done to date. Yes Rick, it's time to pack it in and go home, the people have spoken, they are not interested. The only true mystery is Backmann, Perry got twice as many votes as Backmann, probably has more than 10 times the amount of money as Bachmann, yet Bachmann thinks she still has a chance and acts as if she won. Just more proof that Bachmann not only came from the stupid but is climbing higher into it.
Time to give it up Ricky – 8 years of an "all hat – no cattle" ex-Texas gov in the highest position in the land turned out to be a disaster. What made YOU think we wanted any more??????
There he goes crying all the way back to Texas... I guess that he couldn't handle the loss (or at least ending up as low as he did). Besides, I can't see Perry as winning the nomination... If he did, he'd lose badly to Obama as bad or worse than McCain.
Just proves prayers are answered. Now to convince Bachman to do the same!!
OBAMA/BIDEN 2012
Take your 10 gallon hat and 5 gallon brain and get back to Texas and work for your double dip paycheck !
I love when these failed candidates say they are going to "reassess" or "suspend" their campagins? Just be a man and say that people don't like you and go back to Texas and stay there. Besides, none of these guys will beat Obama in Novemember anyway, so think of the money you'll be saving.