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Romney out with first negative ad

Romney out with first negative ad
Monday, January 23, 2012 - 6:22pm

(AP) - Mitt Romney has released his first negative ad of the campaign. The ad says Newt Gingrich "cashed in," even as Florida families "lost everything in the housing crisis." It noted that Gingrich made more than $1.6 million working for Freddie Mac, the federally-backed mortgage company that played a significant role in
the crisis.

Gingrich never registered as a lobbyist, but has said he was a consultant for the mortgage company.
Romney also went after Gingrich today in person, suggesting at a campaign stop that Gingrich had been engaged in "potentially wrongful activity" in his consulting work. He's urging Gingrich to release details of that work.

Gingrich is mocking Romney's call for call for openness, saying Romney "has released none of his business records." Gingrich told ABC that Romney "has decided to make a stand on transparency
without being transparent." After initially resisting, Romney is set to release personal tax
records tomorrow.

The Republicans meet tonight in the first of two Florida debates.

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