Former Houser Speaker Newt Gingrich on Monday night againerroneouslydescribed credit unions as government-sponsoredenterprises.
|During a Republican presidential debate in Tampa, while seekingto defend his consulting work for mortgage buyer Freddie Mac,Gingrich lumped credit unions and other cooperatives withgovernment-sponsored enterprises, such as Freddie Mac and FannieMae.
|“Government-sponsored enterprises include, for example,telephone cooperatives, rural electric cooperatives, federal creditunions. There are many different kinds of government-sponsoredenterprises, and many of them have done very good things,” he saidduring the debate, which was broadcast on NBC.
|Gingrich made a similar comment during a December debate in Sioux City,Iowa.
|Throughout the campaign, Gingrich's rivals have criticized thefact that he has received $1.6 million for lobbying work forFreddie Mac.
|He says he never lobbied for the mortgage buyer but hisopponents have tried to persuade voters that there are fewdifferences between lobbying and advising others on lobbyingstrategy .
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