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Former House Speaker and current Republican presidential hopeful Newt Gingrich and his wife, Callista, at one point owed as much as a half-million dollars to jeweler Tiffany & Co., as revealed in financial disclosures filed by Mrs. Gingrich. (Associated Press)

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Newt and Callista Gingrich (photo courtesy of Newt2012.com)

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Former House Speaker Newt Gingrich leaves an Hispanic prayer breakfast Wednesday on Capitol Hill. (Associated Press)

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Associated Press Former House Speaker Newt Gingrich, long thought to be weighing a presidential bid, said Monday that he will make it official on Wednesday. He will address the Georgia Republican Party convention on Friday, aides said. He represented a Georgia district in Congress for 20 years.

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Former House Speaker Newt Gingrich is counting on Georgia to play a big part in his probable presidential bid. A base in Georgia will also allow him to reach out to neighboring states such as South Carolina. (Associated Press)

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Former House Speaker Newt Gingrich and wife Callista are now documentary filmmakers. The documentary explores the effect the visit had on Poland's anti-communist opposition. (Associated Press)

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Former House Speaker Newt Gingrich (left), during a news conference Thursday in Atlanta, says he is launching a website to explore a 2012 run for president as the Republican nominee. He was considered the nemesis of Democrats for much of his time in the House. (Associated Press)

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Former House Speaker Newt Gingrich (left), during a news conference Thursday in Atlanta, says he is launching a website to explore a 2012 run for president as the Republican nominee. He was considered the nemesis of Democrats for much of his time in the House. (Associated Press)

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Former House Speaker Newt Gingrich is expected to make clear within two weeks whether he will seek the Republican nomination for president in 2012. If so, he will be one of the first to make it official. (Associated Press)

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Former House Speaker Newt Gingrich waves after addressing the Conservative Political Action Conference (CPAC) in Washington on Thursday, Feb. 10, 2011. (AP Photo/Alex Brandon)

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Former House Speaker Newt Gingrich addresses the Conservative Political Action Conference (CPAC) in Washington on Thursday, Feb. 10, 2011. (AP Photo/Alex Brandon)

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Former GOP House Speaker Newt Gingrich has plenty of political experience and a promising public partnership with wife Callista as the presidential election year approaches. (Associated Press)

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Former House Speaker Newt Gingrich is a "a demented, anger-infused doofus," according to Time magazine's Joe Klein. Was it the worst example of media bias this year? Weigh in at www.mrc.org. (Associated Press)

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Newt Gingrich and his wife, Callista, walk the red carpet at the Kennedy Center Honors in Washington on Sunday, Dec. 5, 2010. (AP Photo/Jacquelyn Martin)

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ASSOCIATED PRESS Former House Speaker Newt Gingrich says Americans "deeply dislike bureaucrats running their lives."

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Associated Press Former House Speaker Newt Gingrich, Georgia Republican, seen here in Washington in February, has maintained a high profile since leaving Congress in 1999.