Newt Gingrich forms joint fundraising PAC
Seems that 2012 is the (fundraising) campaign that just won't die. We already know that President Barack Obama, despite winning what he loudly advertised would be his last campaign, is still hot on the fundraising trail. And Politico is reporting that Obama's unsuccessful GOP rival, Mitt Romney, is going to be feting donors later this spring.
Now Newt Gingrich appears to be getting into the act. Sunlight's Follow the Unlimited Money tracker turned up a registration for the not-so-modestly named "Committee for America," which has been established as a joint fundraising committee for Newt 2012, the ex-speaker's presidential campaign, and the American Legacy Political Action Committee.
So what's Newt up to? Best guess is debt retirement: Newt 2012 ended last year nearly $5 million in debt and had just $75,000 in cash on hand. Sunlight has left a message for one of the principals listed on the Committee for America's registration form and will update this post if we get more information.
The American Legacy PAC, which features a photo of Gingrich and his wife, Callista, on its web page, was formed in 2010 and raised $500,000 last year, most of which it spent on the telemarketing firm Infocision–more than $400,000. The PAC also made donations to Romney ($2,500), Gingrich ($2,500), the leadership PAC of former Rep. Allen West, R-Fla. ($2,000) and the unsuccessful Senate campaigns of GOP candidates Josh Mandel in Ohio ($250) and George Allen in Virginia ($250).