Newt's Broke

Newt Gingrich has publicly conceded that Mitt Romney will be the Republican nominee. Yet Gingrich stays in the race and continues to send out fundraising emails.

Time after time we’ve defied the political odds during this campaign, proving that the American people are hungry for a candidate with bold ideas and the courage to take the fight to President Obama.

I believe this year's primary represents a big choice about the very soul of the Republican Party, and whether it will remain the party of smaller government, lower taxes, and conservative reform.

Over 178,000 people so far have donated to this vision, and I need your contribution today to help unite conservatives around this campaign of bold conservative breakthroughs.

Thank you,

Newt Gingrich

It seems self-styled fiscal conservative Gingrich is facing bankruptcy.

The former U.S. House speaker’s time on the campaign trail has led to the shuttering of two businesses that generated $107 million in income during the last 10 years and helped him accrue at least $7.3 million in assets. His campaign also is struggling, bouncing a $500 check for the filing fee in the June 26 Utah primary, and amassing almost $4.5 million in debt.

Newt has to campaign so he can attack Obama for not balancing the budget. Because we all know no one is better with finances than Newt.