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Gingrich once owed $500,000 to posh New York jeweler: report

By Stephen C. Webster
Tuesday, May 17, 2011 14:54 EDT
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According to a report by Politico’s Jake Sherman, in 2005 and 2006 former House Speaker Newt Gingrich (R-GA) owed as much as $500,000 to New York-based jeweler Tiffany & Co. — and his spokesman won’t say why.

Confronted with questions about the congressman’s less-than-conservative spending on jewelry, Gingrich press secretary Rick Tyler had “no comment.”

The debt was reported to the House Ethics Committee by Callista Gingrich, his wife, who worked for the House Agriculture Committee until 2007.

Forms she submitted indicated that the debt belonged to her husband, Politico noted.

It is not clear if the debt has been paid off.

The revelation is likely to be problematic for Gingrich, who’s officially a candidate for the Republican presidential nomination in 2012.

He’s attempting to position himself as a fiscal conservative, although that a case that now grows more difficult to make, especially to voters who are aware of his personal spending history.

Read Politico’s full report.

Stephen C. Webster
Stephen C. Webster
Stephen C. Webster is the senior editor of Raw Story, and is based out of Austin, Texas. He previously worked as the associate editor of The Lone Star Iconoclast in Crawford, Texas, where he covered state politics and the peace movement’s resurgence at the start of the Iraq war. Webster has also contributed to publications such as True/Slant, Austin Monthly, The Dallas Business Journal, The Dallas Morning News, Fort Worth Weekly, The News Connection and others. Follow him on Twitter at @StephenCWebster.
 
 
 
 
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