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  Steve Rathje drops out of Iowa 1st District GOP race
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ContributorCOSDem 
Last EditedCOSDem  Dec 16, 2011 11:06pm
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News DateSaturday, December 17, 2011 05:00:00 AM UTC0:0
DescriptionA Cedar Rapids businessman who has ended his campaign for the Republican nomination in Iowa’s new 1st District has been on the road returning nearly $100,000 in campaign contributions.

Steve Rathje, who had made plans to challenge 1st District Democratic Rep. Bruce Braley, has been returning the contributions to “those that believed, and still believe, in my ability to win this congressional seat,” he said in a statement released Dec. 15.

Abandoning the campaign became necessary as economic pressure mounted on his business, International Procurement Services, Rathje explained.

“I have full confidence in those I’ve hired to lead my company in my absence, but what does it say about me … if I continue down the current path ignoring obvious problems and the consequences that could’ go along with them?” he said.
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