Candidates Request Fresh Helping of Federal Campaign Funds
WASHINGTON (AP) _ President Bush asked for another $601,910 in federal matching funds to help finance his campaign while his major challenger for the Republican nomination, Patrick Buchanan, asked for $1.1 million.
Bush’s request to the Federal Election Commission on Monday was down sharply from the amounts he sought in previous months while Buchanan, making his first such request, asked for more than any other candidate.
Bush asked the commission for $1 million in January and $2.64 million in December. His campaign raised more than $10 million in 1991 to lead all of the presidential candidates.
His fund-raising pace slowed in early January ″because of the holiday season,″ campaign spokeswoman Alexia Suma said today.
Commission records showed that Arkansas Gov. Bill Clinton led the field of Democratic candidates with a request for $663,306 in matching funds.
Nebraska Sen. Bob Kerrey was second with a request for $438,591 followed by Iowa Sen. Tom Harkin with $270,882, former Massachusetts Sen. Paul Tsongas $202,400 and former California Gov. Jerry Brown $159,713.
Lenora B. Fulani, a New York psychologist and New Alliance Party candidate, submitted a request for $127,000.
The FEC will review the requests and decide which funds qualify to be matched from the federal Treasury. Checks will be sent to the campaigns in March.
The program was designed to reduce the impact of contributions from special interest groups on the presidential campaign.
Candidates qualify for matching funds by raising $100,000 in small contributions from individuals in at least 20 states. After qualifying, they can submit monthly requests to match the first $250 of each individual donation they receive.
To date, Bush has received the most matching funds approved by the FEC with $3.6 million, followed by Clinton $1.4 million, Harkin $1.3 million, Kerrey $833,363, Fulani $763,928, Tsongas $556,444, and Brown $383,048.