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Gingrich: Republicans Need Inclusion To Grow Party

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(CNN) - Former GOP House Speaker Newt Gingrich says Mitt Romney's loss underscores that the Republican Party needs to make fundamental changes.

The president rode to victory on a wave of support from moderates, women and minorities. Former House Speaker Newt Gingrich says the Republican party needs to make fundamental changes if it wants to be competitive in 2016.

"Outreach is when five white guys have a meeting and call you. Inclusion is when you're in the meeting which inherently changes the whole tenor of the meeting. This will be a big challenge for the House Republicans. They're a very comfortable majority with a Democratic president they're likely to stay a majority for a long time. The question is do they want to, in a disciplined, way create a schedule and a program and include people who are not traditionally Republican, in order to grow a party that by 2016 is competitive."

President Obama won the election with at least 303-electoral votes.