Newt in the hole

Townhall.com Staff
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Posted: Jul 06, 2011 11:57 AM
Newt in the hole

GOP presidential candidate Newt Gingrich pressed on against the odds through a rough month of June — staff resignations, reports of massive jewelry splurges, poor poll numbers — but the turbulence has left his campaign burdened with debt.

According to report from Politico, the Gingrich campaign raised approximately $2 million in the second fundraising quarter of the year and ended June with $225,000 in the bank. But the campaign is still about $1 million in debt.