Rich Savaged announced on his website today that he is suspending his campaign for Lieutenant Governor due to the “financial burden” caused by the recent economic downturn:
Today I made the decision to permanently suspend my campaign for Lt. Governor. The worsening economic downturn presents too great a financial hurdle for my campaign to overcome.
I am thankful for the support that so many Virginians have given to me, and am proud of the work we have done together. While I did not achieve my goal of becoming Lt. Governor, I am proud of the voice we raised in this campaign for education reform.
The necessity of rebuilding our state’s intellectual infrastructure does not end with my campaign. Tomorrow, the facts remain:
Last year, Richmond city’s schools suspended more students than they graduated.
The United States trails in science and in math when compared with other countries.
Virginia needs to lead in education in order to take advantage of new job opportunities.
I call on the candidates who remain in the race – all of them good people and capable leaders – to seize the mantle of education reform. I will certainly continue to speak out for innovative solutions to the challenges that our schools face.
Moving formard, I will redouble my efforts at the community level through my education foundation and my volunteer work with at-risk youth.
To my family, friends and supporters, I am eternally grateful for your belief in me and the vision we share for a better Virginia.
Rich Savage