Fund Raising: How Bush Plays the Game

As soon as the campaign-finance-reform bill won final passage last week, it became fashionable to dismiss it as too weak to clean up the money game. But if President Bush signs the bill, as he says he will, and if it survives a court challenge, it will put a damper on at least one type of feeding frenzy: soft-money bacchanals like the one last May, when 3,000 gathered at the D.C. Armory for a black-tie gala honoring the new President. In his speech, George W. Bush noted Washington's "many temptations," one of which is its money culture, and said he wanted...

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