Thread: APNewsBreak: Gingrich campaign finance team quits, $1M debt

AP
Daily Caller

APNewsBreak: Gingrich campaign finance team quits, $1 Million in debt!


ATLANTA (AP) — 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’s 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 refused to discuss the latest defections Tuesday night, dismissing them as “campaign gossipâ€

Yet another Vintage Rino going down in flames.

The GOP has gone from worse to downright pitiful.

Nobody wants Amnesty supporter Newt!

W

Well this is good news. If Newt can't get money it means a large number of Americans who were swindled are waking up to his trash. I'd be interested to know who in the Presidential race gets money from individuals, small business's, and such. I'm betting Obama's money 99% comes from big labor and the foreign interest groups he's supporting.