GOP candidates rack up debt
May 3rd, 2012
04:04 PM ET
6 years ago

GOP candidates rack up debt

(CNN) - Newt Gingrich's long-foundering presidential run is finally over, but the former House speaker's efforts to pay off his campaign debt are likely just beginning.

The Gingrich campaign, as of the last reporting period, owes $4.3 million to creditors, including pollsters, staffers, consultants, lawyers and event venues.


Filed under: 2012
soundoff (27 Responses)
  1. Gurgyl

    ....debt created by rethuglicans, they got...

    May 3, 2012 04:07 pm at 4:07 pm |
  2. Wire Palladin, S. F.

    Most republican fiscal conservatives run up the debt. Look at what Reagan, Bush 1 and bush 2 did by giving us and President Obama a $12 trillion national debt. Spending tax payer money on tax cuts for big oil, Wall Street, big banks, and billionaires does not lower the debt.

    May 3, 2012 04:10 pm at 4:10 pm |
  3. Wake up people

    Lies cost money. But apparently so does the truth. I just want to thank the grinch and psycho Ricky for all of that ammunition they gave us against the vulture capitalist Will Mittens Robmey. For real guys, thanks.

    OBAMA 2012!

    May 3, 2012 04:11 pm at 4:11 pm |
  4. d

    No worries here they each have billionares backing them....or they can send the bill to congress i am sure their friends will find away to stick the bill to the 99 percenters...pathetic

    May 3, 2012 04:12 pm at 4:12 pm |
  5. Democrat Class Warfare - Destroying the economy, destroying the country

    hey CNN... can you tell us how much Hillary Clinton still owes from 2008?!!

    May 3, 2012 04:13 pm at 4:13 pm |
  6. Tyrone

    Its Ok, Bishop Romney to the rescue, His EVERYTHING SUCKS & EVERYTHING BLOWS aproach is just Brilliant Mittster will payoff all your guys debts, however why he does not lose the skirt & face the media is SEVERLY cowardly. EVERYTHIG SUCKS & EVERTYTHING BLOWS Romney 2012

    May 3, 2012 04:14 pm at 4:14 pm |
  7. michaelam

    For constantly declaring, "fiscal conservative," it does not appear that any of these clowns practice what they preach. No worries. Bishop R-Money will bail them out in exchange for their endorsement. Like that should shock anyone-losers endorsing a loser.

    May 3, 2012 04:16 pm at 4:16 pm |
  8. vic , nashville ,tn

    Real truth ,Real life experience

    Mega rich Win others carry the debt

    May 3, 2012 04:18 pm at 4:18 pm |
  9. king

    Repubs knows 3 things, fight wars push up debt, give tax cuts to the rich; push up debt, and push up debt for no reason. They've ran up the credit card and handed it to Obama, then looked amazed when they saw how much debt they ran up.

    May 3, 2012 04:18 pm at 4:18 pm |
  10. Rudy NYC

    The look like Star Wars characters in the Throne Room celebrating their victory over evil.

    Santorum – as Luke Skywalker, the farm boy
    Paul – as Master Yoda, the old sage
    Cain – as Master Windu having a bad day.
    Romney – as C3PO, self explanatory
    Perry – as Jar Jar Binks, comic relief
    Gingrich – as The Emporor, the political genius
    Bachmann – as The Princess, the rebel leader

    May 3, 2012 04:23 pm at 4:23 pm |
  11. Claudia, Houston, Tx

    Ladies and Gentlemen, these are your "Conservative Republicans", riddled in debt but they'll blame it on Obama.

    May 3, 2012 04:27 pm at 4:27 pm |
  12. vote the Tea Party OUT in 2012

    I'm sure the Koch Brothers can just write them a check and wipe it all out.

    May 3, 2012 04:29 pm at 4:29 pm |
  13. 23 from Texas

    It was right there in the article... they auctioned off time with bill! Come on Lewinsky! Now’s your chance! get em while he's hot!

    May 3, 2012 04:34 pm at 4:34 pm |
  14. Ken

    So much for fiscal responsibility (and paying down the debt) that Republikkklans love to spout about endlessly!! – hypocrites, all of them!

    May 3, 2012 04:45 pm at 4:45 pm |
  15. Marie MD

    All except the $250M man because he has probably been paying for a lot of the garbage and lies his ads claim.
    The rest, they should have known from the get go that a snowball had a better chance in hell.

    May 3, 2012 04:47 pm at 4:47 pm |
  16. T'sah From Virginia

    What a waste of air time and money!!

    Obama 2012 – The Only Trusted Way Forward!!

    May 3, 2012 05:00 pm at 5:00 pm |
  17. Matt

    I love all of the comments bagging on the Republicans and blaming them for running up the debt. They did their part but Obama has done more in 3 years than the rest combined. Say what you want but let's not pretend like Obama is the answer to our debt problems.

    May 3, 2012 05:20 pm at 5:20 pm |
  18. Pete

    They spent all their speech lesson money on books:Campaigning Made Easy For DUMMIES,but they forgot one thing,to read it first....Next time boys and girls,start savin up,ya got till 2016..

    May 3, 2012 05:21 pm at 5:21 pm |
  19. arale norimaki

    Newt Gingrich was DOA from the start.

    May 3, 2012 05:23 pm at 5:23 pm |
  20. DENNA

    Great to see the circus clowns together again. The money these bozo wasted trying to buy the office of POTUS could have fed a small army of hungry children in this country. And what is with the ego Newt owns? He had ZERO chance of being the nominee as did Michelle Bachmann. In fact, I would suggest that in future, Republicans not speak in public at all because everytime of you open your mouths, you reaffirm the fact that Barack Obama was the right choice then and now.

    May 3, 2012 05:37 pm at 5:37 pm |
  21. Larry L


    I love all of the comments bagging on the Republicans and blaming them for running up the debt. They did their part but Obama has done more in 3 years than the rest combined. Say what you want but let's not pretend like Obama is the answer to our debt problems.

    Bush issued the first bailout package and President Obama created the stimulus to prevent a deep depression. Republicans fought to block the effectiveness of the stimulus – but the recovery is well underway in spite of their obstructionism. How about 105 filibusters in the Senate & the House causing the S&P to lower our bond rating to make political points! Blaming President Obama for defict spending is like blaming the Fire Department for the high water bill after they put out a fire in your house!

    May 3, 2012 05:51 pm at 5:51 pm |
  22. vet in tx

    The only time in history that tax cuts create jobs! They have made alot of comedians and joke writers have to turn down work during this election cycle, because thats the only people who get paid. The staffers, vendors, and security.......good luck!

    May 3, 2012 06:14 pm at 6:14 pm |
  23. vote the Tea Party OUT in 2012

    @ Matt......

    you can say what you wish about the debt the current president may have made, BUT he was NOT handed a surplus and turned it into a debt like a certain Republican president did. No unpaid tax cuts started nor unfunded wars. I just wonder if Obama was given the "Clinton Economy" and not the "Bush Economy" how he would have handled it guess we'll never know.

    May 3, 2012 06:43 pm at 6:43 pm |
  24. Lizzie

    So all the debt Hillary Clinton still owes, even with the President paying her off to get out of the race, is just fine with you.
    Ken, get your story straight or is 16 trillion to much for you to comprehend. DEMOCRATS don't need a stinking budget as Senator Reid said, we just spend as much as possible, the world will end Dec.21, 2012

    May 3, 2012 07:02 pm at 7:02 pm |
  25. jt1962

    sounds like a perfect time for one of romneys famous "MANAGED BANCRUPCY". AKA "stick it to the suckers who trusted you to pay for what you bought".
    maybe if romney gets elected he can do a tell china we arent going to pay back the trillion Bush borrowed to invade iraq

    May 3, 2012 08:17 pm at 8:17 pm |
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