Republican presidential hopeful Newt Gingrich speaks in Coral Springs, Fla....

Republican presidential hopeful Newt Gingrich speaks in Coral Springs, Fla. (Jan. 25, 2012) Credit: PAUL J. RICHARDS/AFP/Getty Images

Newt Gingrich is promising to establish a permanent base on the moon by 2020 if he's elected president.

Gingrich, the former House speaker, told an overflow crowd gathered on Florida's space coast Wednesday that he wants to develop a robust commercial space industry in line with the airline boom of the 1930s. He also wants to expand exploration of Mars.

The pronouncements appeared to thrill the crowd of roughly 700 people. Florida's space coast is still suffering from a recent round of federal cuts to the space program.

But how would Gingrich pay for it?

The Republican presidential contender says he wants to offer prizes to help stimulate investment by the private sector.

Pfc. Raheen Tyson Heighter, of Bay Shore, was killed in Operation Iraqi Freedom. His mother has made it her mission to aid active-duty service members, veterans, first responders and Gold Star families. NewsdayTV's Virginia Huie reports. Credit: Randee Daddona; Photo credit: Cathy Heighter

'His sacrifice made a difference': Gold Star mother honors son's memory Army Pfc. Raheen Tyson Heighter, 22, of Bay Shore, was the first serviceman from Long Island killed in the Iraq War.

Pfc. Raheen Tyson Heighter, of Bay Shore, was killed in Operation Iraqi Freedom. His mother has made it her mission to aid active-duty service members, veterans, first responders and Gold Star families. NewsdayTV's Virginia Huie reports. Credit: Randee Daddona; Photo credit: Cathy Heighter

'His sacrifice made a difference': Gold Star mother honors son's memory Army Pfc. Raheen Tyson Heighter, 22, of Bay Shore, was the first serviceman from Long Island killed in the Iraq War.

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