ATLANTA — Newt Gingrich’s presidential campaign yesterday admitted that it is more than $1 million in debt.
The former House speaker said he’d raised $2.1 million but spent $1.8 million. He listed $1.03 million in debt, including more than $100,000 in legal fees, and $322,222 cash on hand. He listed 20,217 contributions, including 17,959 for $100 or less.
Gingrich’s White House bid has struggled since 18 staffers, including his two chief fund-raisers, resigned last month.
He has since scaled back his spending, flying commercial airlines rather than taking corporate jets.