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CNN: Presidential Candidate, McLean Neighbor Newt Gingrich To End his Campaign Next Week

Neighbor Newt reassessing campaign

CNN has reported that Newt Gingrich, GOP presidential candidate and McLean neighbor,  will officially end his bid for the Republican presidential nomination and formally express his support for Mitt Romney next week.

"While details are still being worked out, Gingrich is likely to hold his final campaign event Tuesday in Washington, DC where he will make the announcement surrounded by his family and supporters," CNN  reported.

Gingrich and his wife Callista has lived in McLean for more than 10 years. They were spotted last week at McLean Family Restaurant, with their Secret Service agents.

ORIGINAL STORY: Presidential candidate and McLean neighbor Newt Gingrich lost all five of Tuesday's Republican primaries by large margins. All were won by Mitt Romney the presumptive Republican nominee.

Ron Paul came in second in the contests in New York, Pennsylvania Connecticut and Rhode Island, The New York Times reported. Gingrich came in distant second only in Delaware, The Times said.

Politico reported: Following his five-state shutout Tuesday night, Newt Gingrich sent the strongest signal yet that he’s nearing the end of his tottering campaign.

“We’re going to look realistically at where we’re at,” Gingrich said at an election -night rally in North Carolina. “We are going to think carefully about how we can be the most helpful to this country,” Politico reported.

Gingrich's hopes for the presidential nomination have hit severe turbulence in the last month:

Politico reported March 27 that Gingrich was  cutting back his campaign schedule, laying off about a third of his cash-strapped campaign’s full-time staff. He also replaced his manager, Politico said.

‘Newt Inc.’ Bankrupt as Campaign Operates on Shoestring, said a recent headline in Bloomberg News.

"The former U.S. House speaker’s time on the campaign trail has led to the shuttering of two businesses that generated $107 million in income  for him during the last 10 years and helped him accrue at least $7.3 million in assets.

"His campaign is struggling, bouncing a $500 check for the filing fee in the June 26 Utah primary, and amassing almost $4.5 million in debt," said the Bloomberg story.

CBS News - Gingrich charges Fox News with pro-Romney bias

"During a meeting with 18 Delaware Tea Party leaders here on Wednesday, Newt Gingrich lambasted The Fox News Channel, accusing the cable news network that employed him as recently as last year of having been in the tank for Mitt Romney from the beginning of the Republican presidential fight and singling out former colleagues for attacking him out of what he characterized as personal jealousy," said the CBS News report.

Gingrich has entered 31 Republican primaries, The Washington Post reported. He  won just two states: South Carolina and his home state of Georgia.

Jay Leno did a riff on Gingrich Tuesday Night including: Gingrich is so broke he got rid of the campaign bus and is now riding on the roof of a car.

Republicans call President Obama the "food stamp president." Gingrich called and asked for food stamps.

Jack406 April 25, 2012 at 04:29 PM
He should drop out. He's a loser. And we are paying a small fortune for his Secret Service agents. Not sure that Romney really wants his endorsement. Maybe Newt should endorse John Edwards for President. He is more like Edwards than Romney.
Jono April 25, 2012 at 06:19 PM
I agree with Jack. Gingrich screwed the pooch when he turned nasty and lost any credibility as a Republican when he attacked Romney for being a capitalist.

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