Election 2012

Wait, Isn't Debt Bad?

Newt Gingrich, a self-identified fiscal conservative, has remained in the presidential race by demonizing food stamps and demagoguing the debt and deficit under President Obama. But...

Newt Gingrich’s campaign remains roughly $600,000 in debt, two months after it reported deep debts and a long list of creditors, newly released campaign spending records show.

Fundraising by the former House speaker’s campaign has stepped up markedly since then and Gingrich just last month cut by half the $1.2 million owed in October 2010. Still, several outstanding creditors remain.

Yeah, but most of the $600,000 is owed to Tiffany's, so...