Fox News highlights Republican spending and debt

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On Friday, a report to the Federal Election Commission for March showed the Gingrich campaign had $4.3 million in debt and has $1.22 million cash on hand.


The campaign raised $1.6 million in March but spent $2.01 million, according to the report.


Public finance records showed that Gingrich began the month of March with $1.55 million in debt and only $1.54 million in cash reserves.


The debt has skyrocketed since an internal audit started being carried out in March, Fox News reported.
 
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