Gingrich officially announces presidential bid
By: Bill O'ReillyMay 12, 2011
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STORY EXCERPT
CBS News: Newt Gingrich is officially running for president.

"I'm Newt Gingrich, and I'm announcing my candidacy for President of the United States because I believe we can return America to hope and opportunity, to full employment, to real security, to an American energy program, to a balanced budget," Gingrich says in his announcement video at left.

In the two-minute video, featuring Gingrich speaking directly to the camera in front of a black background, the former House speaker points to his past achievements.

"I worked with President Ronald Reagan in a very difficult period," he says. "We got jobs created again, Americans proud of America, and the Soviet Union disappeared." He then talks about his tenure as House speaker, pointing to his efforts on welfare, controlling spending, cutting taxes, reducing unemployment and balancing the budget.

"We've done it before, we can do it again," the Georgia Republican says, uplifting music swelling in the background.
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