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Gingrich previews his new 'Contract with America' at CPAC

Video edited by NBC's Morgan Parmet

At the CPAC convention in Orlando, FL earlier this morning, Republican presidential candidate Newt Gingrich previewed the updated "Contract with America" he plans to unveil in Iowa next week on Sept. 29.

"It's going to be bigger, it's going to be deeper and more profound," he said.

The former House speaker, who co-authored the first Contract with America before the 1994 midterms, said the United States is in greater trouble than it was back in the 90s.

Gingrich said that if he is elected president, he will sign between 50 and 200 executive orders to re-shape the government.