posted 08-04-2008 09:17 PM ET (US)
I agree with most that that carb is first place to look; and a stuck float is what it sounds like.Here are a couple quick things that you can try.
With the cowling (engine cover) off run the motor and watch the carb.
If you see any fuel coming out from anywhere (around the carb that is) this means that you have something (dirt/varnish/etc) that is causing a float/valve/needle/whatever to not seat (seal) properly and you are flooding the carb. - Solution: cleaning the carb either by hand or with some spray solution
If the motor sounds like it is running out of fuel try pumping the primer bulb and see if you can get more gas into the carb bowl. As others mentioned the float is probably sticking. - Solution: again clean carb by hand or with a solution
Also the carb may have a drain/bleed screw (at least most smaller ones do). Drain the fuel from the carb into a clean white rag. This will let you see if there is any junk at the bottom that warrants a closer look.
And of course there could be something else (like a fuel pump/ or restirction).
Hope this helps...
..and if you have more questions try and include year and type (4s/2s), this helps a lot...