Gingrich: GOP Could Top '94

"I wouldn't be shocked if they didn't beat our record and get more than 54," is former Speaker of the HouseNewt Gingrich's prediction for the upcoming November elections. "I think for all planning purposes, in eight out of 10 futures, Boehner is the speaker and then Pelosi has to decide whether to stay or leave," Gingrich said. Explaining his prediction, Gingrich said, "I think the momentum that's building in the country, the unhappiness with the administration, the disarray of the Democrats...all these different pieces are coming together." The former Speaker also gave his take on the battle over the expiring Bush tax cuts, and in particular, the cuts for upper income tax filers. "The thing that the president doesn't understand and the thing that Keynesian economics get wrong is real simple. Do you want people to have enough money to invest to create jobs? If they have a surplus of income so they can create jobs, that's somehow bad and the president wants to take away the income. That means he's leaving them with no money to create jobs." Gingrich also saidhe thinks Republicans will surprisethe president, "by offering to pass whatever tax cut he'll sign, as long as it isn't offset by tax increases." "I think Republicans ought to say, 'We're going to pass any tax cut that you'll sign that has no increases. And we'll come back in January as a majority and we'll see if we can pass the rest.'" Gingrich has been a vocal critic ofPresident Obama'shandling of theproposed building of a mosque near ground zero.The former Speaker compared it to how the president handled the now-cancelledKoran burning. "All the president has to do is something mild. He could just say publicly, 'They shouldn't build it there.' Now, that shouldn't be that painful for him. But the truth is he's unwilling to say that. And that's unfortunate because it's a very bad idea to build that mosque and center that close to ground zero," Gingrich said.