Gingrich to talk about testing presidential bid

AP News
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Posted: Mar 03, 2011 3:04 AM
Gingrich to talk about testing presidential bid

Former House Speaker Newt Gingrich will talk about his plans to begin raising money to test whether a bid for the GOP presidential nomination is feasible.

Gingrich is set to talk about the step at a news conference Thursday at the state Capitol in his home state of Georgia where he has a meeting with the governor.

Spokesman Rick Tyler says Gingrich "is entering the exploratory phase" of a presidential candidacy.

He is stopping short of setting up an exploratory committee, which would have made him a legal candidate. Tyler says Gingrich and his wife, Callista, oversee a web of commercial and nonprofit ventures and must tie up some loose ends with those businesses before they can take that step.

But Tyler says "this is a serious exploratory phase."