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News Link • Politics: Republican Campaigns

Gingrich fighting massive debt racked up in campaign’s extravagant early days

• Washington Post

Even as he surges ahead in the polls, Republican presidential candidate Newt Gingrich is struggling to get out from under a mountain of debt from luxury jets and other pricey expenses racked up in the early weeks of his campaign.

Creditors say Gingrich has begun paying back nearly $1.2 million in bills he owed at the end of September, and his spokesman says most will be taken care of by the end of the year. Other debts — including $42,000 owed to Gingrich himself for the campaign’s use of a mailing list — have already been paid ahead of other vendors, according to aides and disclosure records.


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