BREAKING NEWS

Gingrich takes fire from rivals in Republican debate

By REUTERS

DECEMBER 11, 2011 05:12

DES MOINES, Iowa - Surging front-runner Newt Gingrich came under heavy fire in a presidential debate in Iowa on Saturday from Republican rivals who portrayed him as a Washington insider who profited from his contacts at taxpayer expense.

Hoping to halt his quick rise in the polls, the Republican contenders led by Mitt Romney described Gingrich as a member of the Washington establishment who took $1.6 million from housing giant Freddie Mac .

US representatives Michele Bachmann and Ron Paul criticized Gingrich as a hypocrite who profited from his contacts and wound up taking taxpayer money when Freddie Mac was bailed out by the federal government.

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