Squeezing Stones

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By Newsweek Editors

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The recession and other problems have taken their toll on the fund-raising efforts of Democrats and Republicans this year. Though Democratic presidential candidate Bill Clinton has raised $9.5 million, his campaign is now $600,000 in debt, causing him temporarily to suspend the paychecks of about 20 staffers in the Washington, D.C., office. A Clinton spokesman says the campaign will soon make up the shortfall, but sources say the pay cut has seriously hurt morale at the Washington office. Bush/Quayle fund raisers are having setbacks, too. They have raised $22 million in the past four months, but the GOP fund raisers say they have to perform "root canal" to get donors to cough up the maximum $1,000.

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