Time: George Bush Has Already Raised $100 Mil for His $300-Mil SMU Library
Laura and George Bush at John J. Pershing Elementary in February
Courtesy Dallas Independent School District
George W. Bush Presidential Library Foundation Mark Langdale won't tell Time how much the ex-president's raised for his SMU library -- or who's given to the cause of reshaping his legacy. But the magazine this morning notes that sources close to Bush are reporting he's done pocketed $100 million since he left office -- "a pace much faster than that of his recent predecessors," including them Bill Clinton, whose fundraising was hamstrung by Pardongate. Write Michaels Weisskopf and Duffy, Bush is now one-third of the way toward his goal of $300 million.
The historically fast pace of Bush's fundraising has been all the more remarkable for taking place during a period of economic contraction. "He's struck a very positive nerve among a lot of financial sources across the country," said J. French Hill, a Little Rock banker and major Bush campaign bundler who leads the fundraising effort in Arkansas.