Newt Gingrich worked as a contractor for Freddie Mac over a period of about 6-8 years during which he earned $1.6Million dollars. That is around $250,000 per year. His contract was not renewed. Call it as you like, but that is not lobbying.
And do I have source for the above? Yeah, Newt himself.
By comparison, I as a contract electrical designer, can earn up to $110,000 per year, excluding overtime.
Newt’s pay at Freddy Mac as a knowledgable policy wonk wasn’t outrageously high.
I haven’t looked into the “millions of dollars by the healthcare industry” claims, but soon will. I do not expect those charges to have any more validity than the ones about Freddie Mac.
And beside $1.6 million is chump change as compared to the real money being taken out by Raines, et al.