Gingrich semi-explains Tiffany’s debt: I like ‘nice things’
Former House speaker Newt Gingrich’s bid for the White House has not been able to outrun nagging questions about debt for months. It was revealed in May that Gingrich had a half-million dollar line of credit at jeweler Tiffany & Co., and he has mostly refused to answer any questions about it, other than to call it “normal.”
In an interview with a Boston Fox affiliate, Gingrich expressed confusion about why having a line of credit with the upscale jeweler would be a problem, along with the lavish spending he has done on his campaign (his campaign is already more than a million dollars in debt because of expenses like luxury private jets).
His explanation: “I love my wife, I’m happy we’re able to do nice things.”
Watch the interview below, embedded via MyFoxBoston.