There’s a statement from Congressman Paul up at the campaign blog:
Let me tell you my thoughts. With Romney gone, the chances of a brokered convention are nearly zero. But that does not affect my determination to fight on, in every caucus and primary remaining, and at the convention for our ideas, with just as many delegates as I can get. But with so many primaries and caucuses now over, we do not now need so big a national campaign staff, and so I am making it leaner and tighter. Of course, I am committed to fighting for our ideas within the Republican party, so there will be no third party run. I do not denigrate third parties — just the opposite, and I have long worked to remove the ballot-access restrictions on them. But I am a Republican, and I will remain a Republican.
I also have another priority. I have constituents in my home district that I must serve. I cannot and will not let them down. And I have another battle I must face here as well. If I were to lose the primary for my congressional seat, all our opponents would react with glee, and pretend it was a rejection of our ideas. I cannot and will not let that happen.
In the presidential race and the congressional race, I need your support, as always. And I have plans to continue fighting for our ideas in politics and education that I will share with you when I can, for I will need you at my side. In the meantime, onward and upward! The neocons, the warmongers, the socialists, the advocates of inflation will be hearing much from you and me.