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Gingrich says he has 'ammunition' against GOP foes, but holds his fire


STORM LAKE, Iowa -- Newt Gingrich said he has the dirt on his competitors in Iowa's Republican caucus, but would continue to stay positive before Tuesday's contest.

The former House Speaker has been slipping in the polls here and is being hammered by his GOP opponents and their super PACs every day both on TV and in mailboxes. Just today, the pro-Mitt Romney Super PAC, Restore Our Future, mailed two pieces of literature to Iowans attacking Gingrich.
"I'm not going to respond to negative ads,” Gingrich told the crowd inside a conference room at King's Pointe Waterpark Resort. “We have plenty of ammunition but we're not going to shoot."

Gingrich instead continues to push his economic record, today bringing the mastermind of Ronald Reagan’s economic policy with him to a stop on his Iowa bus tour Thursday. His bus tour across Iowa is even called “Newt's Jobs and Growth Bus Tour.”
“My view is that of the candidates today, Newt Gingrich is far and away the best person to bring this country back into prosperity,” Art Laffer, the so-called ‘architect’ of Reagan’s economic plan and father of supply-side economics, told a crowd of roughly 100 people. Laffer endorsed Gingrich earlier this week.
“I think my record on social issues is very solid and very compelling but if you go out and talk to the average Iowan, they are really worried about the economy,” Gingrich told reporters when his strategy here in Iowa to not talk more about more conservative issues was questioned.
Perhaps sensing that he may not finish as well in the Iowa Caucuses on Jan. 3rd, the Speaker told reporters that there are more than three tickets out of Iowa.
“It's all going to be just turmoil until Tuesday night,” Gingrich said inside his Sioux City, Iowa office.
Gingrich did add that he's "very satisfied with where we are” going into the caucus.