Campaign is $4.5M in debt
(NEWSER) - Newt Gingrich has reached new levels of desperation: To raise cash, he's started renting out his campaign's donor list for up to $26,000. Gingrich's campaign is $4.5 million in debt, and apparently those $50-a-pop pictures with Newt weren't helping to close the gap. Insiders tell Politico that Gingrich and wife Callista insisted on continuing to use private jets, top-level security, and other perks despite the diminishing popularity of the campaign. “They overspent to keep up the appearances of being a top-tier candidate,” says one former campaign aide. “If you have a campaign bus and you’re flying in on a chartered jet, but you do not have the money for that, you end up sacrificing your ground game." More»