Lip synch extraordinaire Ashlee Simpson is pregnant with fiance Pete Wentz’s baby according to US magazine.

“We are thrilled to confirm their engagement and congratulate this happy couple,” a spokesperson for the couple told Us. “Beyond that there is nothing to say.”

And to think we all thought she was holding out for marriage to give it up to Pete.  Ashlee, Pete and Re-Pete coming soon to a magazine cover near you.

Ashlee and Pete announced their engagement just last week.  Can we all say shotgun wedding?