What's Next For Newt?

Long on opinions but short on cash, the former Speaker vows to fight on. Why Newt Gingrich won't quit the race soon

Ricardo Cases for TIME

Newt and Callista Gingrich pose for photos during a rally at The Villages, Fla., January 29, 2012.

Newt Gingrich is down but--at least in his hyperenergetic mind--nowhere near out. "We are going to contest everyplace, and we are going to win, and we will be ... the nominee in August," he said in Orlando, just a few hours after losing to Mitt Romney by 14 points in the Florida primary.

Defiance at this grim juncture is standard procedure for ideological also-rans. February will likely be a winless wasteland for Gingrich, with a half-dozen uphill contests and only one debate to regain some altitude. His bank account is nearly drained, while Romney and his allies have ample cash to...

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