BREAKING: Gingrich Finally Sees the Light at the End of the (Exit) Tunnel (UPDATED)

UPDATE:

While Rick Santorum still refuses to officially endorse Mitt Romney, Newt Gingrich has finally done the right thing — in addition to suspending his foolhardy campaign.

Mr. Gingrich plans to officially endorse Mr. Romney’s candidacy after suspending his own efforts next week.

Newt Gingrich called Mitt Romney today (Wednesday) and told him that he would suspend his presidential campaign next week and begin working to turn out conservative voters for Mr. Romney and Republican candidates in the fall election, according to Gingrich’s spokesman, R.C. Hammond.

Hammond said, according to the New York Times that Mr. Romney was “cordial and respectful” during the call and that Mr. Gingrich said he was “committed to helping him in the fall.”

Read more here.

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My post on Romney’s clean five-state sweep last night was getting a little cluttered with updates and with news about Gingrich’s “will he stay or will he go?” changing positions that this news deserves a post of its own.

Yes, Newt Gingrich, the unstoppable, lovable Cheshire cat, has finally, begrudgingly realized that he is out of his depth, out of fresh sand in his sand box, out of money — his campaign has more than $4.3 million in debt — out of “reassessments,” out of steam, out of “establishment” support and patience and out of options.

CNN has just reported that

Newt Gingrich will officially end his bid for the Republican presidential nomination and formally express his support for Mitt Romney next week, two sources close to Gingrich tell CNN.

While details are still being worked out, Gingrich is likely to hold his final campaign event Tuesday in Washington, DC where he will make the announcement surrounded by his family and supporters.

But will he still carry the Conservative banner to Tampa?

Author: DORIAN DE WIND, Military Affairs Columnist