Washington (CNN) - As Newt Gingrich's GOP presidential candidacy gains momentum, his campaign says it has raised $1 million since Sunday.
The campaign brought in $250,000 in the past 24 hours, setting its one-day fundraising record, spokesman R.C. Hammond said Friday.
Much of the spurt in support is credited to Gingrich's performance in recent debates winning praise from many analysts.
Following Wednesday night's CBNC debate focusing on the economy, the Gingrich camp said it saw donations of $160,000 in the first 24 hours.
The fundraising spike will help the campaign erase its debt of nearly $1.2 million, which it reported for the quarter that ended Sept. 30.
"Despite every media attempt to prematurely write this campaign's eulogy, Speaker Gingrich continues to take advantage of the heavy debate schedule to win voters with his substantive ideas and bold policies," campaign manager Michael Krull wrote in an email solicitation to supporters Friday night.
The campaign hopes to use its resurgence to help build its infrastructure and to show the former house speaker is a viable candidate.
Two new national polls just out show Gingrich gaining ground. A CBS poll released Friday shows Gingrich tied for second place with Mitt Romney. A separate McClatchy-Marist poll shows Gingrich surpassing Herman Cain for second place, behind frontrunner Mitt Romney.
Gingrich is also opening campaign offices in New Hampshire and South Carolina this weekend.
"Much of the liberal media are claiming that the recent events on the campaign trail amount to further proof of their hypothesis that Mitt Romney is the inevitable nominee. Thankfully, these pundits don't get to choose our president or have any track record of making accurate predictions; remember when Newt's campaign was over months ago?" Krull wrote.
So this is the latest "flavor of the month" for the GOP. I am astounded at the lack of quality among this field. Everyone just quickly runs from lunatic to lunatic before they have any idea what they're doing. I just goes to show how much our country is driven by sound bites and not by actual knowledge. It's scary that one of these people could be our next president.
Even though I have had some disappointment in Obama, I'd take him any day over any of these contenders. If Huntsmen had a prayer, I'd consider him, but the rest are waaaaaay too far out there for thinking people to get behind.
He's selling books written by both himself and his wife and the money is going into a fund that gets transferred immediately back to that unethical, lying, womanizing man so he can stand on debate stage and show everyone how "brilliant" he is (NOT).
Go Newt. America needs yet another extreme rightwing Moron-American running for president.
Newt can't even be loyal to one person, so I doubt he'll fare very well with the crushing burden of being loyal to 300 million people. No thanks to him, and no thanks to any of the fatally flawed GOP-bagger candidates, Obama is light-years ahead of any of those clowns.
Has of public forgotten about Gingrich's past. Gingrich, preacher of person responsibility, honest, and ethics, used tax-exempt foundations for political purposes in violation of House Rules. Gingrich admitted his guilt and was finded $00,000 by the House Ethics Committee.
Gingrich as also admitted that he was having extra-marital affair while he was condemning President Clinton for infidelity.
Is this the kind of a person the voters want for president?
More money for jewlery.
All this meathead has to do is throw red meat and the low imformation voters on the right throw money. WOW
All this money given to idiot candidates.... why not use that money to help create jobs for people instead?
Gingrich would be much further ahead if the MSM actually reported information instead of publlishing attack articles all the time. The bias in their reporting when it comes to Gingrich is very obvious. Probably because they fear his intelligence, experience and ideas.
This should be fun. Compared to Cain, Newt is a pro at womanizing. Love that 1/2 million dollar line of credit he has at Tiffany's, he definitely can relate to us working class simple folk.
Never unerestimate the importance of the First Lady. Does anyone actually want to see Callista Gingrich in that position? I shudder at the thought. Last summer when most of his staff quit, they said it was because of the "wife".
That mean book selling momentum