Ferguson has spent 1/2 his campaign war chest
By Wally EdgeSince he left Congress at the beginning of this year, Michael Ferguson has cut the balance of his old campaign account in half. He started the year with $113,446 cash on hand, and had $54,911 in the bank as of the end of September. Now a Washington lobbyist, Ferguson has contributed $20,000 to campaign accounts and political action committees connected to some former House colleagues.
Ferguson gave $4,000 last May to Joe Wilson, the South Carolina Congressman who later drew national attention when he called the President a liar during a joint session of Congress. He also gave $5,000 to House Minority Whip Eric Cantor's PAC, and $4,000 to former House Minority Whip Roy Blunt, who is running for an open U.S. Senate seat in Missouri. Ferguson also contributed to a Senator from North Carolina (Richard Burr, a former House colleague), and Congressmen from Kansas, California, Nebraska, and Michigan.
In New Jersey, Ferguson used his campaign account to contribute $3,400 to Republican gubernatorial candidate Christopher Christie. That is Ferguson's lone contribution from his campaign to local GOP candidates.
Jim Saxton, a Republican who retired last year after 24 years as a Congressman, still has $437,781 cash on hand. Saxton has not made any political contributions since leaving office, although he has donated to some local charities in South Jersey.
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Congressional Pins.
His FEC report also details the purchasing and gifting of a large number of Congressional pins. I am not sure if that is related to his lobbying work or not.