We learn today that Newt Gingrich, campaigning for the top executive position in the land, has not even been keeping track of the financials of his own operation. Politico reports that he's $1 million in debt:
Gingrich supporters acknowledge that his debt represents a serious financial challenge, though they note that the Republican has paid down about 10 percent of $1.2 million in invoices since June 9, when most of his senior political staff resigned...
R.C. Hammond, the press secretary for Gingrich’s presidential campaign, shed new light on the arc of Gingrich’s financial woes, explaining that the presidential candidate only learned of the severity of his debt when a new campaign director reviewed the books after last month’s staff shakeup.
And what did all that money buy him? His net favorability rating in the new WMUR poll of New Hampshire Republicans has plunged to a stunning minus 37 percent, down from minus 2 percent in April.
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