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Gingrich to leave presidential race next Tuesday...

Gingrich to leave presidential race next Tuesday, sources say

Newt Gingrich plans to formally leave the Republican presidential race next Tuesday, senior campaign aides told Fox News, after struggling for months to turn around his sagging bid for the White House.
The former House speaker will "more than likely" endorse Mitt Romney when he makes his announcement to either suspend or end the campaign, a source said.

The decision comes after Gingrich huddled with senior advisers following the five primaries Romney swept on Tuesday night. Romney's victories made it virtually impossible for Gingrich to secure the 1,144 delegates needed for the Republican nomination.

Gingrich's exit is a stark turnaround from his public posture just a few months back, when in December he confidently declared following his rise in national polls that he's "going to be the nominee." His campaign then flagged until his blockbuster victory in the South Carolina primary in late January -- Gingrich failed to follow that up with any victories save for a win in his home state of Georgia, as Romney marched steadily toward the nomination.

Gingrich and Ron Paul were the only Romney rivals remaining after Rick Santorum bowed out earlier this month. Meanwhile, Gingrich continues to receive protection from a scaled-back Secret Service detail, though it's unclear whether that will change before his announcement. Bloomberg/Business Week recently estimated that the detail is costing taxpayers at least $40,000 a day.

For several weeks, Gingrich staffers have been reviewing accounts and making preparations. Gingrich had been holding out hope for a strong performance at least in Delaware Tuesday night. Absent that, Gingrich decided to plan for his exit next week.

He will complete his North Carolina schedule this week, making it something of a goodbye tour while supporters, friends and family arrive from across the country for his departure from the race.

Read more: http://www.foxnews.com/politics/2012/04/25/gingrich-to-suspe...