As ACA is Reviewed by SCOTUS, Gingrich Health Care ‘Think Tank’ Files Bankruptcy
During the week that ObamaCares is being reviewed by the Supreme Court, the Gingrich company that fought against the healthcare reform act has filed for bankruptcy.
Newt Gingrichs LLC the Center for Health Transformation, a healthcare think tank that Newt claims actively campaigned against ObamaCares, has filed for Chapter 7 bankruptcy in Atlanta, Georgia. The company was involved health care industries and drug makers paying the company a lot of money so their voices could be heard on legislation.
The Atlanta Constitution Journal reports:
The Gingrich Group LLC, doing business as the Center for Health Transformation, filed Wednesday in U.S. Bankruptcy Court in Atlanta,, listing $1 million to $10 million in debt, with only up to $100,000 in assets. The filing was first reported by the Atlanta Business Chronicle.
Gingrichs presidential campaign has suffered a number of recent setbacks, including the announcement that it had shed staff and that the former U.S. House speaker was trimming his campaign schedule.
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Full article here:
http://www.politicususa.com/gingrich-think-tank/