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Gingrich still about $5 million in debt


At $4.8 million in campaign debt, Newt Gingrich is America's most indebted politician. Just behind him in the hole: A convicted felon.

The second-largest campaign debt belongs to conspiracy theorist and perennial candidate Lyndon LaRouche, whose five political action committees have amassed debts of more than $3.2 million, including nearly 5,000 loans from individual donors to his 1984 campaign totaling over $1.7 million. Those loans are remnants of a practice for which LaRouche was convicted of fraud in 1988 when a jury found he had no intention of repaying them.

Rick Santorum pulled out of the Republican primary in April a little before Gingrich did. Santorum has $2.3 million in debt.

[Washington Post, Forbes]

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