Newt Gingrich Closes His Tiffany's Account

New financial disclosure forms reveal Tiffany's debt has been "paid in full"

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Newt Gingrich revolving line of credit at Tiffany's has been "paid in full" and closed, according to the personal finance disclosure report the GOP hopeful filed with the Federal Election Commission earlier this month.

The Wall Street Journal's Washington Wire blog notes that the disclosures which were first released to the press today "do not give a date for when [Gingrich] closed the account." Politico, citing Callista Gingrich's financial disclosure forms with the House Agriculture Committee, reported in May that Gingrich "carried as much as $500,000 in debt to the premier jewelry company" on a "revolving charge account" in 2005 and 2006. Last month, Gingrich spokesman Joe DeSantis told the Washington Post that Gingrich had a second line of credit at Tiffany's "worth as much as $1 million" in 2010, but said the upcoming financial disclosure filing would show the account has zero balance and is closed.

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