Newt Owed Over $250,000 To Tiffany Jewelers In 2006

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May 17, 2011 9:35 a.m.

It’s been a rough few days for the newly-minted presidential campaign of Newt Gingrich, and a new report about his personal spending surely won’t improve things. As Politico reports, six years ago Gingrich owed a six-figure debt to Tiffany & Co jewelers:

Gingrich, who represented Georgia in Congress for two decades, retired in 1999. But his wife, Callista Gingrich, was employed by the House Agriculture Committee until 2007, according to public records. She listed a “revolving charge account” at Tiffany and Company in the liability section of her personal financial disclosure form for two consecutive years and indicated that it was her spouse’s debt. The liability was reported in the range of $250,001 to $500,000.

The most recent disclosure form covers the years 2005 and 2006.

Gingrich spokesman Rick Tyler gave no comment to Politico, when asked about the nature of the debt and whether it was paid off. TPM also asked Tyler about the matter, and received no comment.

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