The right-leaning Houston Chronicle is reporting that Tom DeLay will announce he’s dropping his re-election bid on Tuesday, and will in fact RESIGN by early summer. It’s confirmed by an exclusive interview at Time. The BugMan will resign and move to his condo in Alexandria, VA, a move that allows the local GOP to put someone else on the ballot for November.

Hey, Tom? Don’t let the door hit you in the ass on the way out.