TPMDC
2010 elections: June 2011

Campaign Finance

Ron Johnson Ducks TPM Questions On His $10 Million Payday: 'It's A Private Company'


Sen. Ron Johnson (R-WI)

Legal experts say that whether Sen. Ron Johnson's (R-WI) $10 million parting gift from his company potentially violates campaign laws depends on when it was negotiated. But asked by TPM to directly address the timing, Johnson repeatedly ducked the question.

Johnson's collected $10 million in deferred compensation from his former company, Pacur, a figure that Wisconsin papers have noted lines up conveniently with the $9 million he spent on his Senate campaign in 2010 against incumbent Democrat Russ Feingold. The freshman lawmaker has offered few details on how or when the company worked out the $10 million number, but legal experts told TPM that if the package was negotiated after his Senate run it could potentially count as an illegal corporate donation to his campaign.

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Topics: 2010 elections, Campaign Finance, Ron Johnson, Russ Feingold