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Newt: Obama re-election would be a 'genuine disaster


Former Speaker of the House Newt Gingrich is set to officially bow out of the GOP presidential primary race tomorrow. No one's entirely sure why Gingrich has dragged out his exit, but his campaign released a web video this morning thanking his supporters for sticking by him.

"We had nearly 180,000 people who donated to the campaign. We had thousands more who worked as volunteers. We had 2 and a half million voters, all coming together at a grassroots level to try and fight for a better American future," he says. "Because of your help and your support, we were able to put up a terrific campaign, and I want you to know that Callista and I are both very grateful to everybody across the country."

While he doesn't mention Mitt Romney by name, Gingrich does insist that everyone should to do their part in helping to defeat President Obama.

"A re-election of Barack Obama will be a genuine disaster -- and all of us have an obligation, I think, to do everything we can to defeat Barack Obama," he says.


Gingrich's exit from the race follow disappointing results in five Northeastern primaries last week.  Throughout the campaign, he won only two contests -- South Carolina and his home state of Georgia.  As his campaign draws to a close, it reportedly maintains a debt totaling more than $4 million.

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