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Newt Gingrich 2012 Already $1 Million In Debt

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Newscom

Here's the breakdown from the AP, which got a look at Gingrich's financials:

The former House speaker's campaign raised $2.1 million since he got into the race earlier this year. But he spent $1.8 million, and listed $1.03 million in debt, including more than $100,000 in legal fees. Gingrich listed $322,222 cash on hand.

Gingrich is struggling in polls, struggling with keeping staff, struggling with message and, it seems, now he's struggling with money.

Read more on the financials here.

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