Gingrich Raises $3.5M in Second Quarter

Thursday, 15 Jul 2010 08:57 AM

 

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Newt Gingrich's political groups report that they raised nearly $3.5 million in the past three months, according to a poltico.com report.

Gingrich, who mulled seeking the 2008 Republican presidential nomination in 2007, told The Associated Press this week that he’s “never been this serious” about running for president.

Gingrich’s main fundraising vehicle, American Solutions for Winning the Future, accounted for the majority of his second-quarter fundraising, listing a $500,000 contribution from controversial casino magnate Sheldon Adelson and $100,000 from a Dallas firm that owns deep-water drilling rigs in the Gulf of Mexico.

American Solutions supports offshore oil drilling and opposing efforts to make it easier to form unions, among other causes.

Politico.com suggests that the group’s contributions -- together with earlier donations from energy companies and anti-union businessmen -- may prove to be a liability in the future.

To read the full report, Go Here Now.


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