Bush begs as cash flows in to Clinton

IF MONEY makes you popular, then being popular can also make you money - especially if you are a good bet to be the next president of the United States. This well-tried law of American politics, for once, has the Republicans on their uppers and the Democrats with a virtual embarrassment of riches.

It is not something to which the Grand Old Party of George Bush is accustomed. In recent memory, especially in the golden days of the Reagan candidacies, the party's campaign coffers would overflow with private contributions while the pauper Democrats scrambled for every nickle and dime. Not so this year.

With 50 days to polling day, Bill Clinton finds himself just about freed of further fund-raising obligations because almost all the money needed for the rest of the campaign is already in. In contrast, President Bush's diary is jammed with events arranged solely to raise extra cash.

Both parties are entitled equally to dollars 55m (pounds 31m) in federal money to finance their campaigns. Beyond that they are allowed to raise privately an additional dollars 10m each, also for the campaigns proper, and any amount of additional so-called 'soft money' from private contributions to finance-related election functions, such as voter-registration drives.

While the Democrats have raised all of their dollars 10m allocation, the Republicans have barely topped dollars 2m. While the Clinton camp is poised to exceed their own dollars 53m record, set in 1988, in soft-money contributions, the main Republican soft-money drive, which had aimed to collect dollars 46m, has so far received only about dollars 5m.

Mr Clinton's success in attracting money reflects his lead in the polls and the confidence of donors that he will be the next man in the White House. Cash is coming from individuals, with gays showing up as important new benefactors, as well as from unions and the business community.

To try to catch up, Mr Bush's former campaign chairman, Robert Mosbacher, has been drafted in as new fund-raising supremo. The ever popular Barbara Bush has lent her name to a fresh mail-shot drive, apparently to fairly lucrative effect, and several grand events, usually with Ronald Reagan appearing by satellite, are planned to dig deeper into supporter's pockets.

For the President, meanwhile, personal appearances at private functions and parties are becoming an unavoidable daily duty, distracting him from campaigning. Even on Monday - when he addresses the United Nations General Assembly in New York - in the evening he will be the reluctant star guest at a small Manhattan dinner party for wealthy Republican loyalists designed to raise an extra dollars 750,000. Expensive eating for some.

Suggested Topics
Start your day with The Independent, sign up for daily news emails
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Bathroom Showroom Customer Service / Sales Assistant

£14560 - £17680 per annum: Recruitment Genius: Even though their premises have...

Recruitment Genius: Finance Manager

£44000 - £48000 per annum: Recruitment Genius: Marketing company based in cent...

Recruitment Genius: IT Installation / Commissioning Engineer - North West

£22000 - £25000 per annum: Recruitment Genius: An IT Installation / Commission...

Recruitment Genius: Telesales Executive - OTE £25,000

£16000 - £25000 per annum: Recruitment Genius: You will maximise the effective...

Day In a Page

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

How a costume drama became a Sunday night staple
Miliband promises no stamp duty for first-time buyers as he pushes Tories on housing

Miliband promises no stamp duty for first-time buyers

Labour leader pushes Tories on housing
Aviation history is littered with grand failures - from the the Bristol Brabazon to Concorde - but what went wrong with the SuperJumbo?

Aviation history is littered with grand failures

But what went wrong with the SuperJumbo?
Fear of Putin, Islamists and immigration is giving rise to a new generation of Soviet-style 'iron curtains' right across Europe

Fortress Europe?

Fear of Putin, Islamists and immigration is giving rise to a new generation of 'iron curtains'
Never mind what you're wearing, it's what you're reclining on

Never mind what you're wearing

It's what you're reclining on that matters
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence