Former U.S. House Speaker Newt Gingrich who seemd to be leaning towards entering the 2008 race decided not to yesterday. Ginigrich said after the end or his nationwide workshop he will not be a candidate for president in 2008, likely because he couldn't raise close to the money he needed to start a run for president. He said he needed $30 million and his FEC has raised only $3-6 million. With Ginigrch out more conservative voters are likely to support Fred Thompson, or John McCain in the top tier. Maybe Mike Huckabee will also get a bounce out of Gingrich's exit. Gingrich hasn't endorsed a candidate yet, and will likely not endorse a candidate until the convention when the nominee is selected. With Gingrich out that leaves the top tier candidates set for January and Feburary.
Top Tier candidates: Rudy Giuliani, Mitt Romney, Fred Thompson, and John McCain
2nd Tier candidates: Mike Huckabee, Sam Brownback, Ron Paul, and Tom Tancredo.
3rd Tier candidates: Duncan Hunter, Al Keyes, and John Cox.
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