Apr 6, 2012

Gingrich health-care think tank files for bankruptcy

Newt's Center for Health Transformation had promoted private-sector solutions to America’s skyrocketing health-care costs. It also became a source of significant cash for Gingrich and his wife, Callista. The Washington Post reported that the center took in $37 million in donations, primarily from big pharmaceutical and health-care corporations, in its eight years in business.

Of course, when Newt bailed to run for President, so did the cash. Oh, I meant "Leadership." Leadership.

In a related story, Gingrich's other power plant, American Solutions, also shut down in July 2011 because his candidacy made it impossible for him to raise funds for the group.

Perhaps they should think up a way to stop tanking?

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