From the Washington Post:

Former House speaker Newt Gingrich had a second line of credit at the high-end jewelry store Tiffany and Co. for as much as $1 million dollars, his presidential campaign acknowledged Tuesday.
Joe DeSantis, a spokesman for Gingrich, said that the candidate’s personal financial disclosure filing, which is due within 30 days of his formal entrance into the presidential race, will “show that the Gingriches had a $500,000 to $1 million line of credit at Tiffany’s, that it has a zero balance, and it has been closed.”

Yesterday, two more Gingrich staffers quit, both of whom worked as fundraisers for Gingrich. The Associated Press reported that the Gingrich campaign is in debt by over $1 million dollars.

In a speech in Atlanta today, Gingrich pointed out that thirteen staffers had quit Ronald Reagan’s 1980 campaign, according to Reuters. He also said that his “big ideas” style was “very different” from how most politicians operated, and “normal consultants found that very hard to deal with.”