Gingrich faults fundraising for campaign changes
March 28th, 2012
08:54 AM ET
11 years ago

Gingrich faults fundraising for campaign changes

(CNN) – Newt Gingrich on Wednesday blamed cash flow for the downsizing of his presidential campaign, but reiterated his plan to stay in the race until another candidate receives the delegates necessary to capture the GOP nomination.

"We're staying in that's exactly why we're downsizing and doing what we need to to be able to stay in," Gingrich told WTOP radio in Washington, D.C. "I think you have to respond to reality and we had you know, cash flow shorter than we'd like it to be so we're doing the appropriate things to be able to campaign."

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On Tuesday, the former House speaker's campaign announced they had replaced the campaign manager and laid off one-third of his staff. Spokesperson R.C. Hammond said the "campaign is being redesigned to make it convention ready," vowing he would stay in the race until the convention in August.

Gingrich explained his determination going forward by comparing his White House effort to a sports team.

"None of you guys would call a football team or a basketball team and say 'gee, why don't you drop you?' You'd say 'OK, there's a season, let's play the season out," Gingrich said. "Until Mitt Romney has 1,144 locked down solidly, I owe it to the people that have helped me for the last year to represent their views and their values."

Gingrich Communications Director Joe DeSantis said the campaign has adopted a new strategy following the acknowledgment they will not have 1,144 delegates, the number needed to clinch the nomination, by June 26, the date of the last nominating contest.

"So what we're going to have to do is convince delegates in the six to eight day period between the last primaries and the convention that Newt is the candidate to defeat Obama and to change Washington," DeSantis told CNN's Soledad O'Brien Wednesday on "Starting Point."

He said the campaign will channel their resources into key delegate states and engage in the national media.

News of the Gingrich campaign shakeup was first reported by Politico.

During an appearance on Fox News Tuesday night Gingrich said he is open to donating personal funds to his campaign but said the campaign is "raising some money."

However, his campaign appears to be facing financial difficulties. As of March 1, the campaign had $1.5 million cash on hand and a debt of $1.6 million, according to a filing with the Federal Election Commission. Although they raised $2.6 million in February, they spent $2.9 million in the same month.

Gingrich's campaign was left for dead by many in May and June, after a number of controversies spurred some of his top advisers and staffers to quit, leaving the campaign coffers in the red.

But the former Georgia congressman performed well in the major GOP presidential debates last summer and in the fall, often acting as the elder statesman while many of his rivals attacked each other.

He also won over debate audiences by repeatedly criticizing questions from the moderators and voraciously attacking President Barack Obama.

In mid-November, thanks to his strong debate performances and the fading poll numbers of rival contenders at the time, like Texas Gov. Rick Perry, Rep. Michele Bachmann of Minnesota and businessman Herman Cain, Gingrich's poll numbers skyrocketed. But the surge did not last and he finished fourth in the Iowa caucuses, the first contest in the nomination calendar, on January 3.

Although Gingrich crushed the competition on January 21, winning the South Carolina Primary, he has since only won Georgia.

Despite his defiance, Gingrich has the longest of odds to capture the nomination. According to a CNN estimate, he has 136 delegates, meaning he would need to win 1,008, or 83% of the remaining delegates, to reach 1,144 delegates.

And it seems that many Republican voters would like to see him end his campaign. According to a CNN/ORC International poll released on Tuesday, six out of ten Republicans and independent voters who lean toward the GOP said that Gingrich should drop out of the race, with 39% saying the former House speaker should not end his bid. A similar amount said that Rep. Ron Paul of Texas should drop out.

The poll, conducted Saturday and Sunday, seems to dispel the notion that if Gingrich dropped out of the race, his supporters would mostly flock to Santorum, considered the other major conservative candidate in the race. A majority of Gingrich supporters questioned said that Romney rather than Santorum is their second choice.

"If you recalculate the GOP horse race using the Gingrich voters' second choice, Romney's lead over Santorum grows to fifteen percentage points, 45% for Romney and 30% for Santorum, compared to the ten-point margin Romney currently has in the four-man field," said CNN Polling Director Keating Holland.

- CNN's Mark Preston and Kevin Liptak contributed to this report.

Filed under: 2012 • Newt Gingrich
soundoff (41 Responses)
  1. s

    donate your personal funds, Please that is all tied up in tiffanys. you owe it to the fools that support you to drop out and spend your time finding a new wife.

    March 28, 2012 09:11 am at 9:11 am |
  2. Larry L

    He might have had a shot at being elected POTUS at some time in his life had he behaved honorably – personally and professionally. Some of his ideas were fresh and without the need to pander to the Tea Party radicals, might have produced a good path for America. Still, he lacked the character required of a good leader and all of his claims about "forgiveness and redemption" from Jesus is just more of the same dishonorable behavior. America didn't buy it.

    March 28, 2012 09:15 am at 9:15 am |
  3. Josef Bleaux

    Gingrich is a loser. He should have gotten out of the race a long time ago.

    March 28, 2012 09:27 am at 9:27 am |
  4. ouisee

    Newt is not going to drop out. He has no shame. He is shameless. He still has to clown around to get the attention he needs because he cannot see how ugly he and his so-called spouse are. Just shameless.

    March 28, 2012 09:32 am at 9:32 am |
  5. Levi

    When will this guy get it?

    Why is he still in this? Does he not understand that in order to be eligible for the nomination at a contested convention the candidate has to have won 5 states? He's only won 2 and he doesn't have money for travel or advertising and is way behind everyone in every other contest. He isn't going to win the minimum 5 states.

    Also, as far as the whole "I'll drop out as long as Mitt has 1144 delegates" BS he said yesterday....that isn't when you drop out. That is when YOU HAVE LOST. There is a big difference. People drop out on their own terms when they choose. When someone else has won and you've lost, you aren't dropping out.


    March 28, 2012 09:34 am at 9:34 am |
  6. SEAL Team Alpha and Omega

    Newt is responsible for his own demise because he is a retarded GOP loser moron and always will be.

    March 28, 2012 09:34 am at 9:34 am |
  7. Scott

    "We're staying in that's exactly why we're downsizing and doing what we need to to be able to stay in," Gingrich told WTOP radio in Washington, D.C. "I think you have to respond to reality and we had you know, cash flow shorter than we'd like it to be so we're doing the appropriate things to be able to campaign."

    It's a good thing Newt isn't letting a low cash flow, the fact that no one likes him, the fact that no one is voting for him, the fact that he's not relevant, his stupid policies and ideas, or the fact that he will NEVER WIN keep him from dropping out. If only he has this kind of persistence when it came to stay with his wife...

    March 28, 2012 09:35 am at 9:35 am |
  8. Rudy NYC

    Mr. Gingrich, if enough people believed in you then fund raising would not be a problem.

    March 28, 2012 09:37 am at 9:37 am |
  9. Rosslaw

    Maybe he should consider having two gambling moguls bankroll him instead of just one. You know, the kind of out of the box thinking that Newt likes to think he thinks.

    March 28, 2012 09:41 am at 9:41 am |
  10. James PDX

    A basketball analogy? Really? Are you saying that if there's anything where it's not appropriate to drop out, then that's enough of an excuse to keep wasting people's money and stay in? Or are you just looking for any excuse you can think of to cover the fact you've stayed in simply out of ego or possibly to torpedo Santorum to get in Romeny's good graces? You're a criminal and a fool. Just drop out and disappear. The world has no need of your ilk.

    March 28, 2012 09:45 am at 9:45 am |

    Translation: "I'm done. Hey Fox, lock up my ditto-head hour".

    March 28, 2012 09:46 am at 9:46 am |
  12. skdrives

    what is the point of having primaries – why not just have delegate convention. no regards for people who went and voted in the primaries across the country.

    March 28, 2012 09:49 am at 9:49 am |
  13. Crys

    I think at this point it's all about Gingrich's ego and nothing else. Cutting his staff definitely won't help people look at him more positively or want to vote for him: "If he lays off 1/3 of his own staff, what will he do with American jobs?" While it might seem silly, it will be used to his disadvantage. He really needs to pull out of the race, as it's obvious that he's not in it for the people and not really embraced by that many people.

    March 28, 2012 09:52 am at 9:52 am |
  14. funny

    He could lay off one of those chins and save some money.

    March 28, 2012 09:52 am at 9:52 am |
  15. sadtosay

    Can someone help this poor old man with dementia out? It has gotten pretty bad if he still doesn't realize he is not a contender. He can't recall the partisan measures he enacted in the 90s that have led to the non-functional goverment we have today. He also has a history of forgetting who his spouse is.

    March 28, 2012 09:58 am at 9:58 am |
  16. Derik D

    Ron Paul is the only real true conservative in the race, with a strong grassroots campaign,unlike both Gingrich an Santorum. Pauls campaign raised over one million in cash from personal donations just last week. Why does CNN fail to report this? If you want a viable alternative to Romney that will actually

    March 28, 2012 09:58 am at 9:58 am |
  17. bspurloc

    NEWS FLASH: angry white guy seeking presidency fires staff declares he is able to make hard sacrifices for the nation

    March 28, 2012 10:00 am at 10:00 am |
  18. Dominican mama 4 Obama (the real one)

    And whose fault is it, Newt, that no one wants to give you money?
    $50 for a picture with the Pillsbury Dough boy.GTFOOH.

    March 28, 2012 10:00 am at 10:00 am |
  19. Derik D

    Vote Ron Paul 2012!

    March 28, 2012 10:00 am at 10:00 am |
  20. yn5

    Cutting staff and not being able to afford to keep them aren't exactly the same thing.

    March 28, 2012 10:02 am at 10:02 am |
  21. dreamer96

    Newt's always had problems sticking to a budget...Did you know the campaigns can buy jewelry with campaign funds, so can the Super PAC's...

    March 28, 2012 10:02 am at 10:02 am |
  22. M-W-T

    NO're not worth one newt

    March 28, 2012 10:04 am at 10:04 am |
  23. Dieter Zerressen

    The ego on this man knows no bounds. His supporters are fools as well. But as the saying goes, "a fool and his money are soon parted" so its all good. And we're not going to miss that Calista thing either.

    March 28, 2012 10:04 am at 10:04 am |
  24. James

    And Palin faults the media for her low I.Q., too. Gotta love the GOP mentality.

    March 28, 2012 10:07 am at 10:07 am |
  25. tyceson davis

    If Gingrich wasn't funneling campaign contributions into his own personal accounts then he wouldn't be faced with the need to fire his staff. Why did Gingrich sell his own personal address list to his campaign for nearly 6 figures? Why does the private for-profit company "Gingrich Productions, LLC" (CEO is Calista Gingrich) follow the Gingrich campaign to every stop, and collect the money from his book-signings, events, etc??

    No wonder Gingrich had to fire his staff. His campaign donations are going straight into his pocket..

    March 28, 2012 10:11 am at 10:11 am |
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