Team Obama: N.C. gone. Is Virginia next?

Facing a Mitt Romney surge in North Carolina polls, Team Obama is poised to pull back forces in the state that hosted the Democratic National Convention and Democratic advisors suggest that Virginia may be next to fall.

While Obama aides on the ground in both states reject suggestions the campaign has given up to devote more resources to Iowa, Ohio and Florida, those close to the Obama campaign say it’s getting to be time to cut bait.