Newt Gingrich campaign bounces $500 check

July 6, 2016 | Filed under: Examiner.com Archives | Posted by:


Originally published on Examiner.com on April 13, 2012.

 

The Newt Gingrich campaign is buried in debt, and recently bounced a check in Utah for a mere $500. The money was supposed to pay for Gingrich’s registration fee to appear on the primary ballot. This is not the first time the former Speaker of the House’s campaign has faced financial trouble. In the last 60 days the Gingrich campaign has received two separate cash infusions of $5 million and $10 million from gambling magnateSheldon Adelson.

 It was reported back in February that Gingrich confirmed his campaign was $600,000 in debt. It has now been revealed, however, that despite millions of dollars in direct singular donations that the campaign is now a whopping $4.5 million in the hole.
There has yet to be a release of how Gingrich’s campaign is spending the funds. Gingrich is a veteran politician and has been found on multiple occasions to use campaign funds to buy his own book, from himself, to give away for free. In this sense he was able to appear to be generous, while paying himself for his own generosity.