Newtmentum: Gingrich camp reports fundraising surge

The campaign brought in $250,000 in the past 24 hours, setting its one-day fundraising record, spokesman R.C. Hammond said Friday.

Much of the spurt in support is credited to Gingrich’s performance in recent debates winning praise from many analysts.

Following Wednesday night’s CBNC debate focusing on the economy, the Gingrich camp said it saw donations of $160,000 in the first 24 hours.

The fundraising spike will help the campaign erase its debt of nearly $1.2 million, which it reported for the quarter that ended Sept. 30.