Bush's Newest Secret: Who's Funding His Library?
At a White House press conference on Thursday morning, George W. Bush was a bit too cute when it...
At a White House press conference on Thursday morning, George W. Bush was a bit too cute when it came to an important matter: the funding of his presidential library.
News reports have noted that the library, to be set up at Southern Methodist University, will cost more than $200 million. The question is, who will pay for it? The tabs for presidential libraries are not covered by the taxpayers. They are picked up by nonprofit foundations, and these foundations have no obligation to disclose their sources of money. Bill Clinton has refused to say who is funding his library through the William J. Clinton Foundation, though the Washington Post reported that the royal family of Saudi Arabia contributed $10 million to the Little Rock facility.
It is troubling when the spouse of a presidential candidate receives millions of dollars secretly from one or more overseas sources. But what's more problematic is the prospect of a sitting president obtaining foreign cash for a pet project and not disclosing it. (The Saudis reportedly also gave the presidential library of the first President Bush millions of dollars. After being generous to George H.W. Bush and Bill Clinton, it's unlikely they will stiff the younger Bush)