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May 11th, 2011
01:00 PM ET

Gingrich jumps into presidential race

Washington (CNN) - Former House Speaker Newt Gingrich made it official Wednesday: He's running for president.

The Georgia Republican announced via Twitter that he is formally seeking the 2012 GOP presidential nomination.

Gingrich is widely viewed as the most serious official Republican candidate so far.

"I'm announcing my candidacy for president of the United States because I believe we can return America to hope and opportunity," the former speaker said in a campaign video posted online.

"We Americans are going to have to talk together, to work together, find solutions together, and insist on imposing those solutions on those forces that don't want to change."

The candidate called for more jobs, a balanced budget and decentralized government.

"There are some people who don't mind if America becomes a wreck so long as they dominate the wreckage," Gingrich said. "But you and I know better."

"Let's get together, look reality in the face, tell the truth, make the tough choices, and get the job done," he declared. "There's a much better American future ahead."

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