Tuesday, July 26, 2011

Gingrich still confused about Tiffany's controversy

Newt Gingrich, talking to a Boston TV station yesterday about the continuing hub-bub over his Tiffany's credit line -- now closed.

"I don't understand that. It's all paid for. It's my personal money. It's after-tax income. I love my wife. I'm happy that we're able to do nice things."

Yesterday, it was revealed that Gingrich's net worth is $6.7 million, and that his Tiffany's credit line was officially closed last year.

The Gingrich campaign faced controversy in May when it was found that Newt had a revolving charge account at Tiffany's of $250K-$500. A second line of $500K-$1 million was recently acknowledged.

Newt Gingrich: "People are disgusted": MyFoxBOSTON.com


CBS hosted one of the more sprightly spars this year when Bob Schieffer quizzed Gingrich over the debts on May 22.