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Gingrich campaign $4.8 million in debt

By Andrew Feinberg - 05/20/12 06:08 PM ET

Former GOP presidential contender Newt Gingrich's campaign is $4.8 million in the red, according to data filed with the Federal Election Commission.

Gingrich’s campaign debts include nearly $1 million for air travel, $466,370 for security, and over $300,000 for consulting and online advertising combined. 

The former candidate also lent his campaign $580,134 for travel costs, the report shows. 

Those debts cover reports filed through the end of April. The last report shows the campaign with $806,950 in cash-on-hand.

The former House Speaker’s campaign raised -- and spent -- over $23 million in his failed bid for the Republican nomination.


Source:
http://thehill.com/blogs/ballot-box/gop-presidential-primary/228495-gingrich-campaign-48-million-in-debt

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