Gingrich Begins Balanced Budget Campaign

His group, Renewing American Leadership, takes up the balanced budget battle cry.

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By Paul Bedard, Washington Whispers

Former House Speaker Newt Gingrich is making good on his suggestion to put the election focus on debt: He's opened a campaign to win approval for a balanced budget amendment.

Just a few days after suggesting to Washington Whispers that such an amendment is an issue the Republicans should play up in the fall elections, the potential 2012 presidential candidate is taking up the cause through his group, Renewing American Leadership. "I can confirm that Gingrich's group Renewing American Leadership is launching a campaign to do just that," said Rick Tyler founding director of ReAL.

Gingrich has been raising the issue as the debt has surged to historic levels because of the bailouts of the auto and financial industry and other government spending. Some Republicans believe that pushing a balanced budget amendment might help them win back some of the fiscal conservatives who abandoned the GOP in the 2004 and 2006 elections as Washington spent more and more. The debt is also a key issue for the tea party movement of independent voters.

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