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tonight, the billion dollar presidential election. so far, $35 million have been spent in only four states on the republican side and 85% of the money that gingrich and romney's super pacs have spent has been on negative ads. >> ronald reagan fight reagan. >> gingrich exaggerates dropping reagan's name 50 time, but in his diary, reagan mentioned gingrich only once. >> there are a lot of reasons not to elect me. >> all right. 35 million super pac damage so far is just a scratch compared to the gash this will inflict on candidates before november. american cross roads and priorities u....

as a matter of fact, we're looking at more than $450 million. a lawyer joins us tonight. let's go "outfront." good evening, everyone. happy friday, everyone. i'm erin burnett. the million dollar election so far. $35 million have been spent in only four states on the republican side. and 85% of the money that gingrich and romney's super pacs has spent have been on negative acts. >> gingrich exaggerating, dropping reagan's name 50 times. but reagan mentions gingrich only once. >> there are a lot of reasons not to elect me. >> all right. but $35 million super pac damage so far is just a...

Character and judgment and sobriety and thoughtfulness that speaker has been all over the place a whole host of issues and says inflammatory, exciting things but the record as speaker shows he hasn't been able to deliver in a consistent effective way. >> i find infure rating, one of the most dishonest things i've seen in politics. abusism. there should be a sense of shame a person is that fundamentally dishonest. >> bret: sounds from campaign trail today. a lot had to deal with ronald reagan believe it or not. there is a super pac that supports mitt romney, has an ad out. the gingrich folks po...

Gingrich was ronald reagan vice president. >> i worked with president reagan -- >> reagan. >> reagan. >> reagan. >> gingrich exaggerates dropping reagan's name 50 times. but in the diaries, reagan mentioned gingrich only once. gingrich is no reagan. >> andrea: do you think it will work? >> greg: yeah. everybody can kind of -- no matter how much you like newt, you do sense a bit of exaggeration on a lot of things. >> bob: a bit? >> greg: guy that claims he played for yankees when he was catching foul ball in the stands. whatever he said you feel like he is blinking. like he talking about reagan...

A pro-romney super pac out with a new ad that attacks newt gingrich for connecting himself constantly to ronald reagan. >> from debates, you'd think newt gingrich was ronald reagan's vice president. >> i worked with president ronald reagan. >> ronald reagan. reagan, reagan -- >> gingrich exaggerates dropping reagan's name 50 times, but in his diaries, reagan mentioned gingrich once. reagan rejected newt's idea on leadership and character, gingrich is no ronald reagan. restore our future's responsible for the content of this message. >> gingrich hit back against that super pac ad last night arg...