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Ron Paul to End Campaign, Launches New Effort


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Rep. Ron Paul's presidential campaign, a pugnacious, ideological crusade against big government and interventionist leanings in the Republican party, will officially end Thursday at a rally outside the Texas GOP's convention, ABC News has learned.

Paul told supporters back in March, in a video posted on his Web site, that he was "winding down" his campaign and planning a new phase to what he and fans call their "revolution."

The new phase of the revolution officially begins with a speech tonight in Houston and a Web video to be posted on his site, officially ending Paul's presidential campaign and freeing up the more than $4.7 million in campaign cash for investment in a new advocacy group, The Campaign for Liberty.
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