Republican presidential candidate, former House Speaker Newt Gingrich pauses while announcing that he is suspending his presidential campaign, Wednesday, May 2, 2012, in Arlington, Va. (AP Photo/Evan Vucci)
Evan Vucci, ASSOCIATED PRESS
ARLINGTON, Va. — Newt Gingrich can now call himself a former presidential candidate.
As expected, the former House speaker has bowed out of the Republican presidential contest just short of a year after getting into the race. He did not immediately endorse Mitt Romney, the likely GOP nominee.
After losing contests in five states last week, Gingrich said it was clear that Romney would be the nominee and he signaled that his own topsy-turvy campaign had reached its end.
Gingrich now has the added challenges of rebuilding his image as a one-man GOP idea machine and paying off at least $4.5 million in campaign debt.
Joined by his wife for the announcement in Arlington, Va., Gingrich described the campaign as "an amazing year" for his entire family.
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Gingrich is morally bankrupt while stealing away people's dignity. Just ask the women in his life. Endorsement from Gingrich? No thanks.
Gingrich should have bowed out a long time ago and not robbed Mitt Romney of the extra delegates. He didn't have a prayer because many do not trust him. I used to have a great deal of respect for Newt but that has changed...he would be better More..
Good for you, Newt. If I were you, I wouldn't endorse a man who "apparently looted the companies, left people unemployed and walked off with millions of dollars," either.
Newt continued: "Look, I'm for capitalism, More..