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Newt Gingrich raises $808,000 for presidential bid, $1 Million in debt

Posted By admin On October 16, 2011 @ 4:40 am In U.S. News | Comments Disabled

Reuters [1]
October 16, 2011

Former House of Representatives Speaker Newt Gingrich’s Republican presidential effort raised $808,000 in the third quarter but has more than $1 million in debt, his campaign said on Saturday.

Gingrich, who launched his candidacy in May to challenge Democratic President Barack Obama in the 2012 election, has called for a balanced budget as well as cuts in spending and corporate tax rates, ideas popular among conservative Republicans.

But he has struggled with low poll numbers and experienced an exodus of campaign staffers over the summer.

He ended the period with roughly $350,000 cash on hand, having spent over $770,000, his campaign said.

Full article here [1]


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URLs in this post:

[1] Reuters: http://www.reuters.com/article/2011/10/15/us-usa-campaign-gingrich-idUSTRE79E2W020111015

[2] Ron Paul outraises Newt Gingrich by more than $3 million: http://www.prisonplanet.com/ron-paul-outraises-newt-gingrich-by-more-than-3-million.html

[3] Gingrich campaign $1 million in debt: http://www.prisonplanet.com/gingrich-campaign-1-million-in-debt.html

[4] Newt Gingrich tells Georgia Republicans he’ll be a candidate in ‘12: http://www.prisonplanet.com/newt-gingrich-tells-georgia-republicans-he%e2%80%99ll-be-a-candidate-in-%e2%80%9812.html

[5] Poll: Ron Paul best Newt Gingrich by six points in Michigan: http://www.prisonplanet.com/pollron-paul-best-newt-gingrich-by-six-points-in-michigan.html

[6] Ron Paul Raises $1 million In One Day: http://www.prisonplanet.com/ron-paul-raises-1-million-in-one-day.html

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