Abramoff: Gingrich may not survive Freddie Mac payout claims

As former House Speaker Newt Gingrich’s presidential bid heats up after a series of strong debate performances, fellow candidates hitting obstacles, and rising poll numbers, his recent past is facing heavier scrutiny.

Chief among the concerns being raised about Gingrich’s past is his stint as a paid consultant for mortgage giant Freddie Mac. Gingrich has claimed to have received about $300,000 in consulting fees, but Bloomberg news is reporting that the total actually topped $1 million.

Perhaps most damning is that former lobbyist and convicted felon Jack Abramoff slammed Gingrich on Meet the Press with David Gregory this past Sunday, stating that Newt “engaged in the exact kind of corruption that Americans disdain, the very things that anger the Tea Party.”

It may be a case of the pot calling the kettle black, but expect the Gingrich campaign to seek to right this troubling narrative before it further undermines his candidacy.

Watch the clip here:

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Author: Staff Reporter

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