Former House Speaker Newt Gingrich said Sunday that he's leaning toward a run for president in 2012.
Gingrich told "Fox News Sunday" host Chris Wallace that he's "much more inclined to run than not run."
Gingrich said that he and his wife Calista are closing in on a decision on whether or not to jump in, which will likely happen by the end of February.
The former House Speaker said, "everything we've done over the last year, talking to friends, thinking things through, has made us more inclined to believe that it's doable."
Gingrich said there are no shortage of "terrific contenders" on the Republican side, labeling former Massachusetts Gov. Mitt Romney "the frontrunner."
"You know, if I were picking a frontrunner, I'd say that structurally Romney's the frontrunner and in popularity probably [former Arkansas Gov. Mike] Huckabee's the frontrunner."
He also mentioned former Alaska Gov. Sarah Palin, Indiana Gov. Mitch Daniels, Minnesota Gov. Tim Pawlenty, Sen. John ThuneJohn Randolph ThuneSenate Republicans raise concerns about TSA cyber directives for rail, aviation Democrats narrow scope of IRS proposal amid GOP attacks Senate GOP signals they'll help bail out Biden's Fed chair MORE (R-S.D.) and Mississippi Gov. Haley Barbour.
Gingrich has ramped up his fundraising activity through his American Solutions PAC, which raised $314,106 over the past month and a half while directing more than $200K to other Republican candidates across the country.
The number makes Gingrich's federal PAC haul second only to former Alaska Gov. Sarah Palin, whose committee took in more than $460K over the same period.