Gingrich had second line of credit at Tiffany's
June 21st, 2011
08:56 PM ET
3 years ago

Gingrich had second line of credit at Tiffany's

(CNN) - Former House speaker and presidential candidate Newt Gingrich had another line of credit at the high-end Tiffany & Co. jewelry store, a Gingrich spokesman confirmed Tuesday.

Gingrich's personal financial disclosure campaign filing will show he had a line of credit of up to $1 million with the store, in addition to a revolving charge account revealed last month.

Gingrich spokesman Joe DeSantis confirmed that when the form is made public it will show that Gingrich and his wife Callista “had a $500,000 to $1 million line of credit at Tiffany's, that it has a zero balance, and it has been closed."

The disclosure is the latest distraction for the Gingrich campaign after the resignations of two financial staffers Tuesday and more than a dozen top campaign staffers two weeks ago. But while many outside consultants have said they don't see the campaign continuing, Gingrich has vowed to stay in the race.

The Washington Post first reported that Gingrich had a second line of credit.

The filing, which would disclose any debt that was outstanding after 2010, is due within 30 days of a candidate's formal entrance into the presidential race, but Gingrich has requested an extension. Gingrich officially entered the 2012 presidential race on May 11.

Gingrich's campaign came under fire last month after it was revealed he carried a revolving charge account between $250,001 and $500,000 in 2005 and 2006 for Tiffany's.

That debt, which was reported on public financial disclosure forms in 2005 and 2006 while his wife worked as a congressional staffer, has also been paid in full.

–CNN Political Researcher Robert Yoon contributed to this report.

–Follow Kevin Bohn on Twitter: @KevinBohnCNN


Filed under: 2012 • Newt Gingrich
soundoff (10 Responses)
  1. PaulC

    Being a "PUBLIC SERVANT" pays well.

    June 21, 2011 09:05 pm at 9:05 pm |
  2. Clwyd

    "You'll find that my wife and I are very frugal!' Right! Between his millions, Romney's millions and Huntsman's billions we can be sure that he republican't party is totally out of touch with life of middle or average Americans!

    June 21, 2011 09:08 pm at 9:08 pm |
  3. Sage

    And how much are the taxpayers of this country still paying this dirtbag in retirement pension moneys?

    June 21, 2011 09:13 pm at 9:13 pm |
  4. GOP = Greed Over People

    Maybe he can get Tiffany's to accept his campaign charges on a third account?

    Geez, if we "average" folks had 1.5 million dollars in credit at Tiffany's to pay for the silence of all our "indiscretions", plus all those tax breaks for the rich, wouldn't life be grand?

    Instead of a "Contract with America" this slimy salamander has a "Contract ON America".

    June 21, 2011 09:16 pm at 9:16 pm |
  5. C. Howe Yulikit

    And the clowns in the GOP clown car get a little more leg room for their big floppy shoes as Gingrich exits the scene...

    June 21, 2011 09:23 pm at 9:23 pm |
  6. Marie MD

    Whatever the line of credit is/was it must be nice to be able to take a two week vacation in the Greek Islands while being albe to pay this huge debt he and helmet hair had.
    Must be nice to stick it to the little guy/gal who are losing their homes or they can't feed their kids or the old folks that (the ryan/mcconnel "empowered" grandma) have to make the decision between eating or buying medicines.
    The rethugs are so far removed from the daily lives of the struggling and vanishing middle class and the poor that all the doors have been closed and I don't see a light anywhere from them to try to help.

    June 21, 2011 09:32 pm at 9:32 pm |
  7. JB

    Why keep on the un-necessary attacks on this guy? why can't you figure it out the credit was for the "most beautiful one" the leash handler!

    June 21, 2011 10:21 pm at 10:21 pm |
  8. ThinkAgain

    Callista must really have some major dirt on ol' Newtie ....and it must be pretty good dish, given it's public record how:

    - he served his first wife divorce papers while in the hospital recovering from cancer surgery;

    - he shut down the federal government because he got his knickers in a knot over the seating arrangements on an airplane;

    -and that he was schtupping Wife #3 while still married to Wife #2 – while leading the charge against President Clinton's infidelities ...

    Must be some major dirt, indeed, that he needs that big a line of credit with Tiffany's ...

    June 21, 2011 11:04 pm at 11:04 pm |
  9. Angus001

    I guess the media didn't care about Kerry's wife's expenses but seem obsessed with Newt's.

    June 22, 2011 07:40 am at 7:40 am |
  10. Frank - Columbus

    WHO CARES? Got any news?

    June 22, 2011 07:56 am at 7:56 am |