Gingrich's Campaign in Terms of Money

Gingrich Campaign Says It Has Raised Almost $9 Million
Trip Gabriel
December 28, 2011

   Recently, Newt Gingrich has increased his popularity among donors. His campaign announced on Wednesday that in the three month they raised close to nine million dollars, a huge change from the six figures they acquired in the summer. But this increase of funds is incomparable to those of his opponents, such as Mitt Romney and Ron Paul. Gingrich's campaign is spending most of the funds on a eight day bus tour, four person staff from New York and $500,000 will go towards television ads. Despite how Gingrich does in Iowa, a poll shows that he is in a statistical tie with Ron Paul and Rick Santorum behind Mitt Romney. Gingrich's future shows serious money problems and will have to put in a lot for television ads in late January to run in South Carolina and Florida. Gingrich's spokesman, R.C. Hammond says, “We will have a positive balance of cash on hand — hence I’m still getting paid,” along with, “any good campaign three days before the Iowa caucuses won’t have a lot of cash on hand." Hammond goes on to compare Gingrich's fundraising to John McCain's at the same point in 2007. He says they were at similar points and McCain won the nomination regardless. So if some say that Gingrich won't succeed due to his campaign's budget, think again, he still has some hope, just look at what happened in 2007 with McCain.