Newt's Million-Dollar Blunder
Did Tiffany's give Gingrich a sweetheart deal? Or could you too get a $1 million credit line?
But the Gingriches spent, at a bare minimum, $750,000 on Tiffany pieces. There is the distinct possibility they paid an amount equivalent to the median American's salary just on interest to Tiffany's. That hardly seems frugal.
Annie Lowrey, formerly Slate’s Moneybox columnist, is economic policy reporter for the New York Times.
Photograph of Newt and Callista Gingrich by Mark Hirsch/Getty Images.