2003.38.40B

Ross Perot launched his third-party presidential campaign on the Reform Party Ticket. Perot received the Reform Party nomination three days after the Republicans nominated Bob Dole for president. Next week, the Democrats will nominate President Clinton for a second term. In his first presidential bid, Perot spent nearly $60 million of his own money, most of it on television commercials in which he appeared with a pointer and charts to support his argument that neither Republicans nor Democrats were taking effective action to balance the budget and reduce the size and power of the federal government.