The Washington Post reports:
Newt Gingrich’s campaign remains roughly $600,000 in debt, two months after it reported deep debts and a long list of creditors, newly released campaign spending records show.
Fundraising by the former House speaker’s campaign has stepped up markedly since then and Gingrich just last month cut by half the $1.2 million owed in October 2010. Still, several outstanding creditors remain.
…
[Gingrich senior adviser R.C. Hammond] said the good news is that the campaign is paying off several debts as it raises significantly more money.
“I can report that cash flow dramatically improved over the past six months, debts were paid off and continue to be paid off.”
