Former House Speaker Newt Gingrich owed between $250,001 and $500,000 to a top jewelry company in 2005 and 2006, Politico’s Jake Sherman reports.
The report, citing financial disclosures filed with the Clerk of the House of Representatives, noted that his wife Callista Gingrich was employed with the House Agriculture Committee until 2007. The documents indicated that she owed as much as half a million dollars to Tiffany’s.
The documents noted that the debt was her spouse’s. Gingrich spokesman Rick Tyler refused to comment to Politico on the story.
The story noted that Gingrich may have since paid off the debt, and that he will be forced to file a report of his personal finances as part of his run for president.
Gingrich retired from the House of Representatives in 1999.