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Monday, May 4, 2009

Bush Library Raises $100 Million in 100 Days

George W. Bush often has said that historians will vindicate his presidency. And since he left office, he's moving fast to give them the tools.

Longtime financial backers of the 43rd president have raised more than $100 million for a presidential library at Southern Methodist University in Dallas that will house his official papers, sources close to Bush told TIME. Much of the money was collected in the 100 days or so since Bush left the White House, a pace much faster than that of his recent predecessors. At least so far, none of it has come from overseas, the sources said.

The Bush fundraising effort, compared to that of his predecessor, is off to a brisk start. Bill Clinton's library planners had hoped to receive pledges of $100 million within a year of the end of his presidency, but a pardons scandal delayed that achievement for another year, said Skip Rutherford, who chaired the Clinton library committee. - CNN

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