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Wednesday, November 29, 2023

Gingrich struggles to raise campaign cash

Newt Gingrich

Former Speaker of the House Newt Gingrich, once the bombastic face of the Republican Party, is no longer the golden boy of the GOP.

Documents filed with the Federal Election Commission show Gingrich’s political action committee raised a paltry $34,000 for March and only $53,000 for the year — an indicator that the Georgia Republican will have problems getting the cash he needs to mount a serious Presidential campaign for 2012.

Sources tell Capitol Hill Blue that Gingrich’s PAC curtailed its fund-raising activities in mid-March, another indicator that he may be reconsidering a Presidential run.

Gingrich, the acknowledged leader of the GOP revolt that took control of Congress in 1994, fell out of favor with conservatives and Republicans when he admitted to an affair with a House committee staffer. He later divorced his second wife and married the aide but his fling cost him support from the moralists in his party.

Gingrich later claimed he slept around because he worked too hard in his Congressional career.

But the former Speaker of the House is not headed for the poor house.  His 527 Committee, American Solutions for Winning the Future, rakes in tens of millions of dollars from fat cat donors but that money can’t be used for Presidential run. It does, however, support Gingrich and can be used to keep him in the national spotlight.

The 527 committees operate outside the regulations of the Federal Election Commission and reports of its fundraising activities won’t be available until July.

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4 thoughts on “Gingrich struggles to raise campaign cash”

  1. Indeed… Newt has no modern persona, no gravitas on the current scene. A bit overdone as potential candidate material.

    He does have a few good ideas.

  2. Nonsense! A little scummy personal behavior has nothing to do with it: Gingrich just doesn’t have the entertainment value of a Palin or a Trump. He needs to accuse Obama of being a space alien, or claim to have seen George Soros’s secret plan to release an engineered virus that will turn all Republicans Black. The crazier, the better!

    Then he’ll start seeing the dough roll in!

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