Tom Vilsack’s Next Step

February 24th, 2007 at 12:54pm Geraldine

One day after Tom Vilsack ended his bid for the Presidency, there is already speculation about what his next step will be. Century of the Common Iowan passes on speculation that Tom Harkin might retire and that Vilsack would run for his seat. However, Harkin retirement rumors were aired and debunked earlier this year and it seems very likely that Harkin will run for re-election. Especially since 2008 seems like the first relatively easy race that he’ll have since he was back in the U.S. House of Representatives.

One of the key assumptions of the Vilsack for Senate speculation is that “Money Vilsack raised for his presidential bid could be transferred to a Senate campaign fund.” Considering it’s quite likely that Tom Vilsack’s presidential campaign is heavily in the red, all that he could transfer is debt. It seems more likely that Vilsack will spend a couple of years making money. Even while he was running for President, he accepted a job with Mid-American Energy as a consultant. Being a former public official is a very lucrative job and there’s no reason to think that Vilsack won’t take advantage of that for a couple of years and enjoy life as a prosperous public citizen.

But there is some speculation about Tom Vilsack’s future that is much more intriguing at the end of the post on Century of The Common Iowan. It is whether Vilsack would run for Chuck Grassley’s seat in 2010. Grassley would be 77 years old then and might even retire rather than run for re-election. If Grassley doesn’t retire, Vilsack would probably be the only Democrat in the state who could run a credible campaign against the very popular Grassley. By then, Vilsack will have had several years to make some money and pay off campaign debt. Of course, 2010 is a long way off and a lot of things could happen between now and then. But a Vilsack-Grassley scenario seems much more likely than Tom Harkin retiring. Plus, it has the added benefit of holding out the possibility of a day not too far away when Iowa has two Democratic Senators for the first time since 1978. And that sounds pretty good to me.

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Entry Filed under: President 2008, Tom Vilsack, Campaign 2008, US Senate, Tom Harkin

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