The word came a short time ago via Kerry's press office forwarding this article from Rick Klein of the Boston Globe:
Kerry to bow out of '08 presidential race
By Rick Klein, Globe Staff | January 24, 2007
WASHINGTON --Senator John F. Kerry plans to announce today that he is bowing out of the 2008 presidential race, and will instead remain in Congress and seek reelection to his Senate seat next year, according to senior Democratic officials.
Kerry, a Massachusetts Democrat, plans to say he will remain in the Senate to recommit himself to efforts to extricate the United States from the war in Iraq. His decision to stay out of the presidential race reflects a realization that he would have had an uphill climb in capturing the Democratic nomination, given the other party heavyweights who are already in the race, according to the officials, who spoke to the Globe on condition of anonymity.
Kerry plans to make his plans known with a speech on the Senate floor this afternoon, and is taping a message to e-mail his supporters to explain his decision.
Kerry, the party's 2004 presidential nominee, has been acting like a 2008 candidate virtually since he lost to President Bush -- traveling the country, spreading money to other Democratic candidates, and keeping in place a campaign infrastructure that was ready for another presidential bid.
But according to Kerry associates, the senator's plans changed dramatically in the fallout of his election-eve "botched joke" about the education levels of US troops. The harsh reaction to that incident -- from many Democrats as well as Republicans -- displayed to Kerry the extreme skepticism within his own party about whether he should mount another run.
And, with polls giving front-runner status to Senator Hillary Rodham Clinton of New York and Senator Barack Obama of Illinois, Kerry realized that he would face formidable adversaries in the quest for the Democratic nomination. Clinton, Obama, and a host of other candidates have been busily hiring campaign operatives and signing up key fund-raisers in recent weeks.
On Iraq, Kerry has emerged as a fierce war critic after initially supporting the invasion of Iraq. He has spoken of his war opposition in a similar vein to his efforts to bring the Vietnam War to a conclusion in the early 1970s.
Kerry's announcement freezes in place the various Democratic aspirants to his Senate seat. Massachusetts hasn't had a vacant Senate seat since 1984 -- when Kerry himself won his first six-year-term -- and several members of the state's all-Democratic congressional delegation have expressed interest in running for the Senate if Kerry retired.