Gingriches Rang Up Big Tiffany & Co. Bill While Jeweler Was Lobbying Her House Committeehttp://tpmmuckraker.talkingpointsmemo.com/2011/05/gingriches_rang_up_big_tiffany_co_bill_while_jeweler_was_lobbying_her_house_committee.php?ref=fpbTiffany & Co. was actively lobbying the House committee Newt Gingrich's wife Callista was working for at the time the couple had a $250,000 to $500,000 interest-free revolving charge account with the famed jeweler, SpyTalk blogger Jeff Stein reports.
Newt Gingrich has previously touted his Tiffany's bill as evidence of his fiscal responsibility because he paid it off in full. Newt Gingrich also claimed the revolving charge account with Tiffany & Co. came interest-free, but the high-end jewelery company doesn't appear to offer such a deal to your average Joe, the Washington Post reports
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Filings by Tiffany's lobbyist, Cassidy & Co., and other government records show that the firm's spending on "mining law and mine permitting-related issues" in Congress, as well as the Forest Service, the Interior Department, and Interior's Bureau of Land Management shot up sharply between during the period when Callista Gingrich was chief clerk at the House Agriculture Committee.
Ouch......
So that's what it takes to get an interest free revolving credit account up to $500k at Tiffany's.