Gingrich spent more than he raised, February numbers show
March 20th, 2012
03:31 PM ET
2 years ago

Gingrich spent more than he raised, February numbers show

(CNN) – Financial numbers released Tuesday by Newt Gingrich's presidential campaign reveal the candidate spent about $200,000 more in February than he raised, and carries about as much debt as cash on hand.

The numbers, which are due to be filed with the Federal Election Commission Tuesday, showed Gingrich raised $2.6 million in February while spending $2.8 million. Gingrich won no primaries or caucuses in February – his two wins in the 2012 election cycle came January 21 in South Carolina and March 6 in his home state of Georgia.

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The numbers also reveal Gingrich with $1.5 million cash on hand, and show his campaign's debt dropping from $1.7 million to $1.5 million in February.

Gingrich's fundraising saw a drop since January, when his organization reported raising $5.6 million.

CNN's Chris Welch contributed to this report.

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Filed under: 2012 • Fundraising • Newt Gingrich
soundoff (17 Responses)
  1. GI Joe.

    Just had to buy more diamonds for "that girl".

    March 20, 2012 03:35 pm at 3:35 pm |
  2. BostonianNThe WoodlandsTx

    And some conservatives swear this is the guy who should lead our country ?

    This guy can't even manage his campaign funds,but he's going to cut the deficit ?

    He and other republicans should never utter another word about President Obama handling the economy.

    March 20, 2012 03:50 pm at 3:50 pm |
  3. Romney is not My Hero

    Gangrene must be buying more presents for his Helmet-Head Barbie or a new "friend".

    OBAMA 2012!

    March 20, 2012 03:52 pm at 3:52 pm |
  4. DENNA

    Yeah, so we need him to run our economy. Yeah, go ahead and debate President Obama with this in the public domain. Many of us don't listen to Fox News, so we have a clearer picture of what 's real and what's not. You are not!

    March 20, 2012 03:53 pm at 3:53 pm |
  5. Rudy NYC

    Newt Gingrich is the guy who promised Floridians an operational moon base in four years, and is also the same guy who has promised the nation $2.50 gasoline. If he were a true patriot, why doesn't he share this gasoline secret mojo of his with us now?

    March 20, 2012 04:01 pm at 4:01 pm |
  6. honeybe

    This is the person who is supposed to reduce the deficit? He is spending more than he is making on his campaign – sound exactly what is going on in congress right now. He needs to take a lesson from Ron Paul – spend wisely and don't spend what you don't have!

    March 20, 2012 04:06 pm at 4:06 pm |
  7. Alexanders

    Newt, needs to just go. No need for him to go on. No one would trust him. I would not.

    March 20, 2012 04:20 pm at 4:20 pm |
  8. Voice of Reason

    It's OK. He can just dip into his line of credit at Tiffany's... That oughta cover it.

    March 20, 2012 04:28 pm at 4:28 pm |
  9. Malory Archer

    Not that there's a snowball's chance that newter will win, on the off chance he does, I intend to refer to the plastic blonde as "the First Adulterer".

    March 20, 2012 04:31 pm at 4:31 pm |
  10. Malory Archer

    Or would that be "the First Adulteress)?

    March 20, 2012 04:34 pm at 4:34 pm |
  11. Pahleeze

    Poor little eye of newt the hour has past him months ago

    March 20, 2012 04:34 pm at 4:34 pm |
  12. The Greedy Old Pigs declared class war on US!

    Yet again, another member of the GOBP shows America just what they mean by "fiscal prudence" and "personal responsibility."

    March 20, 2012 04:35 pm at 4:35 pm |
  13. Indy

    Not only did he spend more than he brought in, but he said much more than he actually knows.

    March 20, 2012 04:37 pm at 4:37 pm |
  14. SiriusVH

    I suppose Mr. Gingrich is going to have to go back to Freddie Mac to 'advise' them on their business model ..... as a 'Historian', of course ......

    March 20, 2012 04:42 pm at 4:42 pm |
  15. O. Riley

    And if elected president he is going to fix the deficit how?

    March 20, 2012 04:51 pm at 4:51 pm |
  16. Nobodies Pon

    Go home Newt only Georgia and South Carolina even voted for because you know everyone in thoes states personally. Go home you are not even competing in the primaries. Go home Newt you are broke and a joke. Republicans if you still love your party get Newt to get out the race before he does anymore damage to the GOP brand. He will send this party to its deathbed for a moon colony ticket.

    March 20, 2012 04:53 pm at 4:53 pm |
  17. JDinTexas

    I want to see the line item for cheeseburgers in Newt's campaign budget.......I bet that is what put him in the red.

    March 20, 2012 04:57 pm at 4:57 pm |