Newt Gingrich is preparing to quit his Republican presidential run, but not without leaving behind a multi-million dollar debt to consultants and other companies across the country.
With the candidate set to make his exit official Wednesday afternoon, a close look at his finance records reveals a free-spending machine that ran up a million-dollar debt in private jet flights alone, along with other services and benefits that left the unpaid bill at a whopping $4.3 million at the end of March, according to the latest filing with the Federal Election Commission (FEC). The campaign says it has paid off $500,000 of that total, which still leaves a $3.8 million tab.
And while huge amounts of money are still owed to a variety of vendors — some of whom might wonder when and if they’ll see their money — the campaign seems to have paid off all its bills to businesses run by Gingrich family members, as well as “reimbursed” the candidate himself with nearly half a million dollars.
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unreal, these guys, gingrich & santorum ran their campaigns heavily into debt & yet they ran on a promise of fiscal restraint, austerity, balancing the budget, etc
In the immortal words of Dave Hester, “YUUUP!”.