Rep. Bobby ScottBobby ScottTrump said he would create ‘more jobs and better wages’ — he can start with federal contractors Sanders, Dems introduce minimum wage bill The Hill's 12:30 Report MORE (D-Va.) announced Monday that he would not run for a Virginia Senate seat.

Scott endorsed former Virginia Gov. Tim KaineTim KaineOvernight Defense: US moving missile defense system to South Korea | Dems want justification for Syria strike | Army pick pushes back against critics of LGBT record Kaine, Schiff press Trump on legal justification for Syria strike Democrats thought they could produce a political earthquake in Kansas MORE (D) for the seat at a Labor Day event in Newport News, Va.

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“Though I believe I can win the Democratic nomination and the general election, a winning campaign would require me to devote all of my time for the next 14 months to that campaign," Scott said, according to The Associated Press. "This would mean that my work on issues critical to Virginians and other Americans would have to be postponed."

Scott's decision clears the way for Kaine to gain the Democratic nomination. He is expected to face former Virginia Sen. George Allen (R) in the general election.

The race to succeed retiring Sen. Jim Webb (D-Va.) will be one of the most competitive races in 2012.