Senator Herb Kohl (D-WI) “loaned his campaign $1 million in the last quarter of 2010, seemingly putting to rest speculation that he may retire instead of seeking re-election next year,” Hotline On Call reports.
According to his fourth quarter FEC report, obtained by The Hotline, Kohl contributed $1 million to his war chest while only spending $12,000. Because of the loan, he finished the year with slightly more than $1 million cash on hand.
Kohl, who will be 77 years old on Election Day next year, had been the subject of retirement rumors because of his age and near empty war chest. He finished the third quarter of 2010 with less than $26,000 in his campaign account.