Gingrich drops presidential bid

Associated Press
Republican presidential candidate, former House Speaker Newt Gingrich greets Betty Weeks, right, and Helen Smally, rear, at a campaign event, Tuesday, March 13, 2012, in Vestavia Hills, Ala. (AP Photo/David Goldman)

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Newt Gingrich has officially suspended his presidential campaign at a press conference on May 2 in Virginia.

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