Were you listening to the beginning of the show, where Rush was addressing Newt claiming to be misquoted on the individual mandate, and that he misspoke with respect to the Ryan budget, since that was what started the entire discussion...
I did hear the excerpt in question from interview with Gregory, and I heard Gingrich differently than what I had read from others about "what he said," answering a very specific question.
Newt's answers and speeches usually don't fit into the sound bite, and what he says is often, and deliberately, "lost in translation"... e.g., remember "Let Medicare... will wither on the wine"? They have been doing it to Gingrich ever since, and his Republican competitors were only happy to join in, to undermine him.
Newt wants to devolve Medicare from federal program to the states and let each state decide how they want to design the program (possibly, by leaving the federal program only to send block grants to the states, so it's a Medicare in name only). If state wants to implement a program that bankrupts it, with or without individual mandate, that's up to the state's voters. Completely in line with 10th amendment.
I prefer to hear things from the "horse's mouth," not translated by "horses' arses" who have different agenda.
See what Newt has been doing to counteract Alinsky's "community organizers" - Gingrich's Secret Weapon: Newt Inc. - FR / WSJ, 2011 May 15
I prefer someone who actually does implement and advances Reagan's / conservative ideas, rather than hear someone spouting conservative PC slogans (like McCain saying he was a "soldier in Reagan's army" etc. etc.) without any concrete ideas of how to do anything of the kind.