Wednesday, June 15, 2011

Newt Gingrich's tax-exempt charity funding Newt Gingrich's for-profit businesses.

Newt Gingrich's non-profit, tax-exempt charity, Renewing American Leadership, has donated $220,000 to Newt Gingrich's businesses.

The charity also sent out newsletters criticising Barack Obama's presidency.

It's déjà vu, considering Gingrich was censured and fined by the House Ethics Committee after being accused of drawing money from a tax-exempt organization to help finance his political activities. The IRS later cleared him on the charges, but not before the House ordered him to pay a $300,000 fine.

Video at http://abcnews.go.com/Blotter/newt-gingrich-charity-paid-cash-gingrich-profit-business/story?id=13804431&singlePage=true

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