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Tuesday, January 31, 2012

postheadericon Gingrich raises $5 million in January, revises up 4Q fundraising estimate

Newt Gingrich raised $5 million in January and revised up his estimate for the fourth quarter of 2011 by $1 million, his campaign tweeted Tuesday.

But it's still not clear the level of debt the Gingrich campaign is carrying after bruising and expensive fights in early voting states. Full financial disclosure documents for the fourth quarter are due by midnight Tuesday. Those numbers will not include any fundraising bounce Gingrich would have gotten from his win in South Carolina's primary earlier this month.

Gingrich had previously said that he raised $9 million in the fourth quarter, but revised that estimate up to $10 million in the tweet. That amount is 10 times what Gingrich raised in the third quarter, when his campaign was considered all but dead, and should help to erase some of the debt he was carrying.!

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