Newt Gingrich Campaign Debt Tops $1.1 Million

WASHINGTON -- Former House Speaker Newt Gingrich's presidential bid is more than $1.1 million in debt.

The Georgia Republican on Saturday said he had about $350,000 in the bank and brought in more than $800,000 during the last three months. The presidential contender says the average donation was $76.

Gingrich's presidential bid has faced serious challenges, including the resignation of his top aides earlier this year. He spent heavily in the first weeks of his campaign and racked up bills. In the last three months, he paid down $346,000 of that. But he continues to spend; of the roughly $808,000 he raised from July to October, he spent almost $777,000.

Gingrich's debt is the largest known among the serious candidates. Former Utah Gov. Jon Huntsman is close behind with $890,000 in debt.

 

 

Comments

[PerotVentuSheehCarte]

05:08 PM on 10/17/2011

Newt Gingrich can get tips from Hillary Clinton
.. on what to do about unpaid campaign debts

[almchrl13]

03:38 PM on 10/18/2011

Yes, pay them.

[Djay0252]

09:59 AM on 10/17/2011

The Newt better go back to making pizza deliveries to pay off that debt....and DELIVER them instead of eating them.

[GirlFriday123]

08:53 AM on 10/17/2011

And he's qualified to address our economic ills because......?

[almchrl13]

03:39 PM on 10/18/2011

Because he has 2 revolving, no interest accounts at Tiffany's. Silly.

[jst418]

08:28 AM on 10/17/2011

He's an old time Reagan deficit spender from way back. It took Clinton to help him realize the importance of a balanced budget.

[BUSTERtheCAT]

08:05 AM on 10/17/2011

Newt just sell your gals Patent for the yellow plastic helmet to the NFL and get yo money

[POIIUIYT]

04:54 AM on 10/17/2011

why can't gingrich manage money wisely? why would any rational person want him to be president of the united states? if he gets elected and on his first workday enters the oval office.. will he then know everything and stop losing money? what else doesn' t he do well? Obviously Cain does everything well. What else would account for his popularity?

[workinguy]

12:05 AM on 10/17/2011

Here is how universally despised you are Newt. My Dad 40 yr. military man (retired) and a lifelong Republican. Typically Stoic with Military Bearing. When you come on the tube he actually throws things at the set.

[cafebeege]

11:09 PM on 10/16/2011

Good LOR--.......what a complete waste of money. There really are people who are contributing to him and would actually vote for him ?!! This has to be some attempt by the Democrats to sabotage the Republican candidacy.

[Buckeye54]

10:59 PM on 10/16/2011

I suppose Newt could always pawn that Tiffany's jewelry and pay his debts that way.

[Gadgetman]

10:55 PM on 10/16/2011

Another example of how great the repuglicans and Regressitives are at managing money.

[knott wrench]

10:39 PM on 10/16/2011

All that "Bling" that Newt Bought.

Maybe they can do a segment of him on:

"Pawn Stars"

[BUSTERtheCAT]

08:04 AM on 10/17/2011

he would get tossed into the snowy street of detroit

[ronp121]

09:28 PM on 10/16/2011

Hear that they have a small cruise ship headed for China next week maybe Newt and the little woman are ready for another vacation. Bon Voyage

[krocklin]

09:27 PM on 10/16/2011

This man and hopefully the Republican Party as we know it will become obsolete and certifiably sociopathic. If that day comes, there might be some hope.

[ReservoirDog]

09:07 PM on 10/16/2011

Two of the HAPPIEST Women in the World have to be EX-Mrs. Gingriches !

[ReservoirDog]

09:04 PM on 10/16/2011

still sticking with my theory that there will NEVER be a U.S. President named NEWT :-)