“Gingrich took $1.6 million dollars from Freddie Mac just before it helped cause the economic meltdown”

Claim: Gingrich took $1.6 million dollars from Freddie Mac just before it helped cause the economic meltdown”

Ad(s): Smiling, Smiling (Plan), Desperate, Baggage

Sponsor(s): Restore Our Future

Air Dates: Dec. 9, 2011 – Feb. 29, 2012

Total Estimated Spending On This Claim: $2,612,610

Markets: Cedar Rapids, Davenport, Des Moines, Rochester (MN), Sioux City, Augusta, Charleston (SC), Columbia (SC), Greenville (SC), Myrtle Beach, Savannah, Ft. Meyers, Orlando, Tampa, West Palm Beach, Gainesville, Tallahassee, Jacksonville, Mobile, Charlotte, Panama City, Rochester (MN), Sioux City, Alpena, Detriot, Phoenix, Grand Rapids, Tucson, Yuma-El Centro, Flint, Lansing, Traverse City, Marquette

FactCheck.org’s Summary: “That $1.6 million figure – which is also repeated in many of the anti-Gingrich attack ads from Restore Our Future – refers to money paid to the former speaker’s consulting firm. As we have reported before, the firm had many   employees and expenses.” Click here to read more

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