UPDATE (1:50 p.m.): Sen. Chambliss has made official his decision to not run for re-election in 2014.
According to Dunwoody Patch, Chambliss cited the lack of bipartisan cooperation on Capitol Hill and poor leadership from the White House as the main reasons for his retirement.
"The debt-ceiling debacle of 2011 and the recent fiscal-cliff vote showed Congress at its worst and, sadly, I don’t see the legislative gridlock and partisan posturing improving anytime soon," Chambliss said in a statement.
ORIGINAL ARTICLE: The Atlanta Journal Constitution's Political Insider Jim Galloway is reporting that U.S. Sen. Saxby Chambliss will not seek re-election when his current term is up in 2014.
Chambliss is expected to make the announcement official later today.
According to Galloway, GOP House members Tom Price (R-6th District) and Paul Broun (R-10th District) have already shown interest in running against Chambliss recently. He also believes other House members Phil Gingrey (R-11th District) and Tom Graves (R-14th District) will also make a run for the seat without an incumbent in the position.