After two successive good fundraising reports at the end of 2011 and the end of January 2012, Newt Gingrich will announce that his campaign raised only $2.6 million in February. That fundraising total will likely be the lowest among the four remaining Republican candidates for president. Mitt Romney and Rick Santorum have announced that they raised $11.5 million and $9 million, respectively.
Gingrich will also report that he has spent $2.8 million and has $1.5 million cash on hand and $1.5 million in debt. The debt number is $200,000 less than at the end of January. This means that Gingrich essentially spent all of the money he raised in February on his campaign and took $200,000 from cash on hand to reduce his debt.
There will be more to come on Gingrich's financial woes when the campaign officially files with the Federal Election Commission Tuesday.
More:Elections 2012 Newt Gingrich For President Newt Gingrich 2012 Newt Gingrich Election 2012 Blog
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more