US President to Launch Fund-raising Blitz

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Last updated at: (Beijing Time) Wednesday, June 18, 2003

US President to Launch Fund-raising Blitz

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US President George W. Bush was to launch the first of a series of fund-raisers Tuesday for his 2004 re-election campaign, hoping to overwhelm the nine Democratic rivals by raising tens of millions of dollars.

Bush was attending a 2,000-dollar-per-person dinner at the Washington Hilton on Tuesday night. The event will be followed by one in Georgia, Friday, one in New York and one in California, both next week.

He would have attended 10 fund-raisers by the end of July, including one in Dallas, Texas, where he served as governor beforebeing elected president in 2000.

"Given the fact that there are nine Democrats who every day criticize the president, it's important for the president to have the ability to respond and to set the record straight," said WhiteHouse spokesman Ari Fleischer.

Bush is expected to raise as much as 200 million dollars duringthe campaign season, doubling the record 100 million dollars he collected for the 2000 primaries.

Since Bush has refused public financing, he is exempt from the spending restrictions that come with those funds. That gives him ahuge financial advantage over the Democratic candidates.

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