Gingrich Suspends Campaign for GOP Nomination

Image courtesy of CBS News

It’s the end of the line for Republican presidential candidate, Newt Gingrich, who officially announced Wednesday that he would be dropping out of the race for the GOP nomination.

Frankly, not a big shocker. Gingrich’s march for the presidency has been losing a considerable amount of steam since he came up big in South Carolina and in his own state of Georgia. After those victories, Santorum pulled off a number of wins in the South, which propelled the Pennsylvania senator into contention with Romney and left Newt far behind.

But Newt slugged it out for another month in the hopes that things might turn around for him. Alas, this turned out not to be the best move, considering he was having a considerable amount of trouble rallying funds for himself n the first place. With his campaign suspended, he’s now sitting on $4 million worth of debt.

Similar to Santorum, Gingrich declined to endorse frontrunner Romney, who remains in the race with Ron Paul, who has yet to win a state. However, it’s shaping up to look like the Massachusetts governor will need neither of their endorsements, with his grand total of 847 delegates out of the 1, 144 needed for the nomination. Ron Paul, meanwhile, has 80 out of the 1, 144 needed: a steep mountain to climb, indeed.

But like all great competitions with an underdog, “it ain’t over till it’s over.” With another 2, 286 delegates left to win, we could be seeing anything in the coming weeks. So stay tuned.

 

Douglas E. Payne