King Will Not Challenge Gillibrand

(AP)
The Long Island representative said in a prepared statement, the New York Daily News reports, that he could not raise the money to effectively compete against Gillibrand.
"Senator Gillibrand generates neither strong support nor opposition," his statement reportedly said. "This makes it virtually impossible for me to raise the campaign funds I would need to overcome the built-in Democratic registration advantage and the countless millions of dollars which the Democrats will make available to Senator Gillibrand."
King said that a well-financed candidate could beat Gillibrand, who was appointed this year by Gov. David Paterson to fill Secretary of State Hillary Clinton's vacant Senate seat.
