Presidential hopeful Newt Gingrich has offered an explanation as to why a check written by his campaign bounced. It is not for lack of funds, he said, but because of confusion by the campaign staff.
"This is one of those goofy things," he said at a campaign stop in Delaware. "That check was drawn in December; the account actually was closed by the time they processed it. It wasn't a question of money- that particular bank account was closed," he explained.
Political analysts had speculated that the bounced $500 check was a sign of low funds for the campaign. Gingrich has taken at least $10 million in donations from billionaire Sheldon Adelson, leading many to believe that the struggling campaign will not last much longer.
Gingrich has refuted those assertions, though, and said he is committed to seeing this campaign all the way through.
"My experience with history is, it's not over 'til it's over," the National Journal quoted him as saying yesterday. "And that currently, it's very clear that Romney does not have a majority of the delegates."
According to the latest Associated Press count, Mitt Romney leads in the delegate count, with 664 of the required 1,144. Newt Gingrich has 136, but it remains to be seen whether he will benefit from Rick Santorum dropping out of the race by receiving some of his delegates.
"I just had 15 people say thank you for staying in," he explained. "We had 3,500 people send money to Newt.org online after 2 o'clock yesterday, saying please stay in. I had folks in Philadelphia last night thanking me for staying in, and some of you were in New Bern yesterday in North Carolina where we had a sell-out crowd that literally had to turn people away at lunch, and they all said please stay in," Gingrich said.
"So when I get out of the Washington press corps, it's amazing to me how little pressure there is. I don't have anybody run up to me out here in everyday America and say please drop out," said the former Speaker of the House.