He acknowledged today that he has a multi-million-dollar
campaign debt:
Appearing on Fox News Sunday, Gingrich was asked about a report that
his campaign had spent roughly $4.5 million more than it had raised.
"I think slightly less than that," he replied, declining to offer a more specific number. "We owe much more than we wanted to...
We've seen that style
before, according to ABC News:
Republican presidential hopeful Newt Gingrich likes to tout his record
for restraining government spending, but funding for good,
old-fashioned, pork-barrel projects exploded while he was speaker of the
House.
ABC News has taken a look back at Gingrich's record on the issue of
so-called earmarks -- a common congressional practice of inserting
taxpayer money for special projects into big appropriations bills -- and
found a startling spike under Gingrich's leadership as speaker. Not
only did earmark spending in Congress increase between 1994 and 1998,
when he departed, the overall dollar amount roughly doubled.
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