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Newt Gingrich 2012 Campaign Finance Team Quits

AP/The Huffington Post   First Posted: 06/21/11 01:54 PM ET Updated: 08/21/11 06:12 AM ET

ATLANTA -- Newt Gingrich's top two fundraising advisers resigned on Tuesday, and officials said the Republican candidate's hobbling presidential campaign carried more than $1 million in debt.

The departures of fundraising director Jody Thomas and fundraising consultant Mary Heitman were the latest blow for the former House speaker who watched 16 top advisers abandon his campaign en masse earlier this month, partly because of what people familiar with the campaign spending described as a dire financial situation.

These people, who spoke on the condition of anonymity because they were not authorized to discuss the campaign inner workings, said the former Georgia lawmaker racked up massive travel bills but money had only trickled in since he got into the race earlier this spring.

These officials said that he is at least $1 million in debt. The current fundraising quarter ends June 30, and Gingrich will have to disclose his campaign finances by July 15. He is personally wealthy and could fund his campaign out of his own pocket, at least in the short term, to keep his campaign afloat.

Gingrich has insisted that he will not abandon his troubled bid and will continue fighting for the Republican nomination for president "no matter what it takes." He's revamping his campaign, given the series of departures.

"Newt 2012 continues its reorganization and alignment as a grassroots driven, substantive, solutions-oriented campaign," a spokesman, R.C. Hammond, told The Associated Press, adding that the campaign is "as committed as ever."

He said aides and volunteers continue to raise money, despite the absences of Thomas and Heitman. Hammond refused to discuss details of the financial situation.

"We are going to duct-tape together one coalition of Americans after another that believe in his large, bold vision of change," Hammond told The Fix at the Washington Post.

Heitman, a former fundraiser with the Republican National Committee, declined to comment. Thomas did not return a phone call seeking comment.

Underscoring the financial difficulties he faces, Gingrich has traded in private jets for commercial flights; on Tuesday, he was traveling commercially from Washington for an appearance in Georgia.

Troubles have plagued the Gingrich campaign since its formal launch just five weeks ago.

He drew fire from conservatives after an appearance on NBC's "Meet the Press," in which he likened a Republican budget plan that passed the House to "right-wing social engineering."

Days of bad publicity followed revelations that he had a no-interest loan account at luxury jeweler Tiffany's worth up to $500,000. And just as the GOP presidential race began to heat up, Gingrich disappeared on a luxury cruise in the Greek Isles with his wife, Callista.

Then, his top advisers walked on him.

He has refused to answer questions about his rocky rollout, his vacation to the Mediterranean or the exodus of his top staff from his headquarters near Atlanta and from the early nominating states.

"I will endure the challenges. I will carry the message of American renewal to every part of this great land," Gingrich told a crowded ballroom at a Beverly Hills hotel recently. "And with the help of every American who wants to change Washington, we will prevail."

Since his campaign meltdown, he has largely kept a low profile, favoring messages on Twitter and television interviews to interacting with voters.

Gingrich was scheduled to meet with tea party activists in Savannah later Tuesday. He planned to speak to the Atlanta Press Club for a speech on Wednesday. In a sign that others may be questioning the Gingrich campaign's viability, Atlanta Press Club Executive Director Lauri Strauss said that a corporate sponsor had not stepped up to sponsor Gingrich's speech, as is customary with most addresses before the group.

Gingrich is scheduled to headline a birthday celebration at his Atlanta campaign headquarters on Wednesday and then to appear at a hotel near the Baltimore-Washington International Airport on Thursday. Both are far from states that hold the first contests of the GOP nomination fight, Iowa and New Hampshire.

He is slated to return to Iowa this weekend.

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ATLANTA -- Newt Gingrich's top two fundraising advisers resigned on Tuesday, and officials said the Republican candidate's hobbling presidential campaign carried more than $1 million in debt. The d...
ATLANTA -- Newt Gingrich's top two fundraising advisers resigned on Tuesday, and officials said the Republican candidate's hobbling presidential campaign carried more than $1 million in debt. The d...
 
 
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COMMUNITY PUNDITS
Bronxdude 02:08 PM on 06/21/2011
Republican Governor Mark Stanford secretly leaves the country to commit adultery with his long-time mistress, lies about his whereabouts, and republicans universally pardon and forgive his transgressions. President Clinton commits adultery, lies about it, and republicans denigrate and impeach him. Bush and Cheney obfuscate, mislead us about Iraq, drag us into an unnecessary war, and republicans praise Bush  Read More...
10:36 AM on 07/29/2011
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panamarine
My opinion is only an opinion
01:13 PM on 06/24/2011
Is Newt in Denial? He says he is still in the run. His people left him, jumped of his bus, so to speak. He don't get it? Okay Newt...how about this: Nobody is giving you money. Your donors have dried up, you never had much to begin with. So, why would anybody contribute to a candidate who is sure to NOT get the nomination and sure enough has no campaign staff. Newt, go now, before you embarrass yourself some more.
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European1919
I am the PigmⒶn
03:44 AM on 06/24/2011
"and officials said the Republican candidate's hobbling presidential campaign carried more than $1 million in debt."
Just imagine he got voted into office. If his campaign is already 1 million in debt before it even takes off properly, he'd be the one to further triple you national debt in his first term. America would finally be bankrupt and you'd all be sold into slavery to the Chinese to whittle chopsticks.
06:31 PM on 06/22/2011
so....is time to stick a fork in this "presidential campaign"....
05:12 PM on 06/22/2011
I am no fan of New Gingrich, however, the stuff about accounts at Tiffany's is hooey. That he bought stuff at Tiffany's with is own money is REALLY none of our business. REALLY. If there were big balances, if he wasn't paying as agreed, if Tiffany's had sent bill collectors after him, that would be different. That would indicate that he had serious financial problems. Add that to the multiple wives issue and you have a really disqualified candidate. That said, it is a moot point. Whether he ever really meant to run or not, he's toast now.
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kathy001
Don't bogart that duck
06:50 PM on 06/22/2011
Yep, he bought it all with his own money. Money he made running scams. Gingrich's scams are well known - he's been running them for years.
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HUFFPOST SUPER USER
Walter Kingsley
It's Been a Hard Days Night
01:28 PM on 06/22/2011
The R.M.S. Newt-tanic: Look out sir the Captain exclaims, what's the matter Newt queries?

ICEBERG, DEAD AHEAD!
This user has chosen to opt out of the Badges program
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CoronaDischarge
Fired Up! Ready to go!
12:37 PM on 06/22/2011
"I will endure the challenges. I will carry the message of American renewal to every ..."

✰✰✰✰✰ hotel in America.
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SuburbiaAwaken
I survived the Bush era
12:25 PM on 06/22/2011
Maybe his campaign slogan should be "see what happens when you lack morals".
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HUFFPOST SUPER USER
Walter Kingsley
It's Been a Hard Days Night
12:17 PM on 06/22/2011
NEWS FLASH:

Newt Gingrich recently lost his finance team, however, it has been learned that since he closed his two Tiffany accounts he now qualifies for food stamps.

His spokesman says the only bad thing about that is the GOP just closed the welfare office in his home state. Poor Newt!
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HUFFPOST SUPER USER
Michael Ludin
Child advocate
11:58 AM on 06/22/2011
duct tape and campaign coalition should never be in the same paragraph... Of a press release from a campaign
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HUFFPOST SUPER USER
qthedancer
12:41 PM on 06/22/2011
I, too, was somewhat perturbed by the image. ;)
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HUFFPOST SUPER USER
Michael Ludin
Child advocate
11:57 AM on 06/22/2011
Wonder if he'll pay his debts when he leaves, cause you Calista ain't letting go of the family cash. And by the way didn't he say he was frugal, Tiffany, private jets, seabourn yacht cruise in Greece... Frugal for what, a gazillionaire
11:56 AM on 06/22/2011
Every time I see another nail added to Newts presidential aspiration coffin, I can't help but think how fitting that Newt started his campaign in Waterloo, IA.

Maybe Bachmann will think twice about starting her campaign there.
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bcmom
Stop breeding puppies
11:54 AM on 06/22/2011
What a waste of time and money! He could be making a difference in some other way.
11:49 AM on 06/22/2011
You see the GOP aren't any better on managing money they just know who to spend it on themselves. Th abest thing for the GOP partry is for Newt to get out before he imbareses his partry. At the end we'll find out who newt really is and his is not a friend to the American people he is self servant and will bend over for corporate America's money. Take a long vacation Newt.
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Sisa
11:23 AM on 06/22/2011
Hs like a big over grown chubby baby..