Former Speaker of the House Newt Gingrich is dropping out of the presidential race. Slowly.
According to the National Journal, sources close to the failing presidential candidate say that Gingrich has indicated he will be leaving the race on May 1st and urged everyone to unify behind likely nominee Mitt Romney. “Gingrich said he will continue to campaign in North Carolina through the week ‘as a citizen,’ and that ‘we’re working out the details of our transition and we’ll have information for the press in the next couple of days.’ Two Gingrich campaign officials confirmed to CBS News/National Journal that Gingrich will suspend his campaign and will likely endorse Romney on May 1 in Washington.”
Now the real question is, why is he still running until May 1st? Speculation is that he is unwilling to officially give up his secret service entourage and take on the costs of coverage himself during the “not-campaigning” portion of his campaign. The additional week also gives him a bit more time to bask in the press coverage before everyone officially moves on to Romney.
However, any hope Gingrich had of unseating the former Massachusetts governor is officially over, even according to him. “I think you have to at some point be honest with what’s happening in the real world, as opposed to what you’d like to have happened…Governor Romney had a very good day yesterday…Now you have to give him some credit. I mean this guy’s worked six years, put together a big machine, and has put together a serious campaign….I think obviously that I would be a better candidate, but the objective fact is the voters didn’t think that.”
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