Gingrich forms political organization with the IRS
March 4th, 2011
06:46 PM ET
11 years ago

Gingrich forms political organization with the IRS

(CNN) - Former House Speaker Newt Gingrich took one more step toward launching a presidential bid on Friday by filing a "Political Organization" notice with the Internal Revenue Service.

The move makes it possible for the potential 2012 presidential candidate to accept donations via his exploratory web site, , which he launched Thursday.

In his IRS disclosure, Gingrich states that his organization "Newt Exploratory 2012" was formed for the "purpose of discerning the feasibility of a potential candidacy for federal office." The formal title of the IRS form is Political Organization Notice of Section 527 Status.

Earlier this week Gingrich's political team was careful to say that they were merely entering an "exploratory phase," but this new group allows them to raise money for a potential presidential run without requiring them to register as a candidate with the FEC. If Gingrich decides to officially enter the 2012 presidential race, his campaign can transfer funds from this new 527 group into a formal campaign committee, as long as all donations comply with federal campaign regulations.

The former congressman, businessman, and author has a web of businesses and organizations under his umbrella that complicate the FEC filing process.

Gingrich's announcement on Thursday focused on his plans to evaluate the viability of forming an exploratory committee in the presidential race, as he states on his web site: " We are excited about exploring whether there is sufficient support for my potential candidacy for President of this exceptional country."

- CNN Producer Adam Aigner-Treworgy contributed to this report

Filed under: 2012 • Newt Gingrich
soundoff (21 Responses)
  1. Randy, San Francisco

    Ho hum...waiting for Gingrich to announce his candidacy is like watching a potted plant grow. Does anyone really cares?

    March 4, 2011 07:08 pm at 7:08 pm |
  2. Marge

    Guess that means he paid the IRS that over $300,000 he scammed the public out of. You know when he was supposed to be sitting up scholarships and kept the money. There were a lot of republicans you tried that. Wonder if Newt the toot king thinks people have forgotten all that this quick. And I see CNN has put a picture of him along with his daughter to headline his piece.

    March 4, 2011 07:18 pm at 7:18 pm |
  3. Brandon

    I'm wondering if he's not cheating on his wife.

    March 4, 2011 07:23 pm at 7:23 pm |
  4. Squigman

    Run. Please run. If you win, it guarantees that any dog catcher,from any local can be president. Oh, I just remembered the c student that held us hostage from 2000, to 2008. You know, the one responsible for the mess we're dealing with today. Another republican.

    March 4, 2011 07:23 pm at 7:23 pm |
  5. Oy Vey Az

    This guy can't win and he knows it ... it's all about soaking his supporters for as much money as possible. Just like Sarah Greetgut. Don't give him even one red cent!

    March 4, 2011 07:27 pm at 7:27 pm |
  6. David Scott

    This ignorant NEWT IS A LYING LIZARD. Family VALUES...SAVE THE MARRIAGE ACT etc. He has been married 3 times. His earlier MARRIAGES MUST NOT HAVE BEEN SACRED ENOUGH. He is a lying,bigot and racists.

    March 4, 2011 07:32 pm at 7:32 pm |
  7. Four and The Door

    I hope Newt Gingrich can find justification to run. He has a strong ideology and knowledge about what works for the country and the economy. I used to think we want to stay away from politicians that have been around Washington too long. And then came Obama. It became clear that rookies can quickly get overwhelmed with the job. Or it might just be rookies with no management experience at all get overwhelmed with the job.

    March 4, 2011 07:58 pm at 7:58 pm |
  8. A keen observer

    Has anyone checked on whether the Lizzard is cheating on his current wife yet? If he isn't, history dictates that he should start in the near future. This morally bankrupt religious bigot is an embarrassment to the human race. It says a lot about republican morals that they still support this jerk.

    March 4, 2011 08:16 pm at 8:16 pm |
  9. Clwyd

    His family values will do him in. Aall those affairs and divorces won't be left untouched by the media and rightfully so. He is a hypocrite!

    March 4, 2011 08:36 pm at 8:36 pm |
  10. Marie MD

    He will never be president. One he looks like he's about 100 years old. That being said, that wife of his . . . . . did he really leave his cancer stricken wife for this woman?
    Does she have money? He is going to need it after his failed presidential run. Liar, cheater, no integrity moron that he is.

    March 4, 2011 09:16 pm at 9:16 pm |
  11. GOP = Greed Over People

    Slither, salamander, slither.

    Vote for newt in 2012 to clean up the cesspool in his own ethics backyard, before being held up as a good "example of ethical behavior" before millions.

    March 4, 2011 09:20 pm at 9:20 pm |
  12. Mike Dallas

    Uh, wife number 17 gives a whole new meaning to "helmet hair" but that explains why Newt is stuck in the '60's!

    Wonder who Newt is "polling" now while married to this ambulatory cadaver?

    March 4, 2011 09:24 pm at 9:24 pm |
  13. Wire Palladin, S. F.

    When Newt's base (citizens councils and birthers who make up 50% of the republican party) finds out he is running for president just to meet women, they will send him big money.

    March 4, 2011 10:20 pm at 10:20 pm |
  14. Former Republican, now an Independent

    A man who lied and cheated on his 1st wife, and then lied and cheated on the one he was cheating with. Is this the best the republicans have to offer? Unfortunately, it is!

    March 4, 2011 10:44 pm at 10:44 pm |
  15. DAVE

    can you imagin this guy being president of this country! the only people he wants to represent is the top 2% of the country and their is not enough votes their to get elected with. he will have to fool alot of people into thinking that supply side economics ideology and the failed trickle down economics has made 98% of americans lives better! it caused a freeze in wages and living standards in place for over 25 years! i guess on the other hand he might get elected because i don't see many signs that americans have or can figure it out yet.

    March 4, 2011 10:54 pm at 10:54 pm |
  16. Aaron

    Who's the woman in the picture...current mistress or current wife (which would be most current previous mistress)? Hard to keep track with old Newt.

    March 5, 2011 12:07 am at 12:07 am |
  17. Howard

    Where in the heck do these politicians come from, and how in the heck do they assume positions of power over the rest of us !!! Instead of wasting a year creating the unconstitutional, pork laden, trillion dollar Obamacare monstrosity ... why didn't our corrupt self-serving representatives simply implement competition across state lines for health insurance, tort reform ... and, a way for the 30 million uninsured to get help, without destroying our free enterprise system ... a system which made America great ... and, without picking the pockets of the hard working, Americans, who are responsible enough to buy their own insurance. In retrospect, it appears that it was all a power grab by Obama and his gang of corrupt democratic thugs. The same traitors who are high jacking America, and destroying our economy, by handing it over to the unions. To save America, we must get rid of these traitors, and return our country's leadership to someone like Newt Gingrich, who wants to restore America to her former greatness, instead of changing America into a country which is beyond recognition ... a third world country ... a country which is no longer America !!!

    March 5, 2011 12:45 am at 12:45 am |
  18. ket

    i think im gonna be sick

    March 5, 2011 01:00 am at 1:00 am |
  19. ThinkAgain

    Gingrich served divorce papers on his first wife while she was in the hospital recovering from cancer surgery; he shut down the government when he was Speaker of the House because he didn't get the seat he wanted on a plane; he cheated on his second wife, all the while lambasting President Clinton's "immoral" behavior; he lies and has no problem spreading fear, hatred and division.

    He no more deserves to be POTUS than a rock in my backyard. And he would bring about as much to the table, given all his worn-out Republican ideas are PROVEN FAILURES.

    March 5, 2011 02:12 am at 2:12 am |
  20. sick of republican phonies

    someone tell bleach- head that she better not get a fatal disease or Newt will be outta there in 10 seconds.

    March 5, 2011 07:33 am at 7:33 am |
  21. joe

    There isn,t going to be a Republican administration in 2012. America refuses to have a radical socialist,commie,government to CRASH our country again,Newk! We would have to be the dumbest country in the world to want that again!!!! TRICKLE DOWN back into retirement,man! Wishful thinking again ha newk.

    March 5, 2011 08:38 am at 8:38 am |