President Bush and Campaign Finance’s “New Era”

This Washington Times report describes the “new era” of campaign finance ushered in by President Bush.

“President Bush and his team brought the presidential financing system into the 21st century,” said Michael E. Toner, a former Federal Election Commission chairman who was nominated by Mr. Bush.

Mr. Bush’s bundlers, numbering in the hundreds, were singled out with special designations depending on how much money they raised. “Mavericks” were supporters younger than 40 who collected more than $50,000 in donations, while “pioneers” raised $100,000 and “rangers” gathered at least $200,000.

Mr. Bush’s strategy allowed him to tap large amounts of campaign cash at a time when federal election law prohibited large “soft money” contributions from businesses, unions and individuals.

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