http://news.yahoo.com/blogs/ticket/...esidential-race-following-poor-161724564.html Michele Bachmann expected to quit presidential race following poor showing in Iowa WEST DES MOINES, Iowa--Michele Bachmann is expected to announce her exit from the presidential race Wednesday morning following a sixth-place finish in the first-in-the-nation caucus state of Iowa. Despite Bachmann's extensive, last-minute tour to visit all 99 of Iowa's counties, her first place finish in the Aug. 13 straw poll, and the state being her place of birth, Iowa Republican caucus voters rejected Bachmann's campaign, handing her 6,073 votes on caucus night--5 percent of the total votes cast in Tuesday night's caucuses. Watch a live feed of Bachmann's news conference above via ABC News. As recently as Tuesday evening, Bachmann was dismissing questions about whether a poor finish in Iowa would prompt her immediate departure from the race, saying her campaign's travel tickets were already booked for South Carolina--her next major campaign stop after largely passing over New Hampshire, which holds its primary on Tuesday, Jan. 10.