Jeb Bush is destroying our laughable campaign finance laws

He's discovered a loophole big enough to drive a $100 million truck through

Jeb Bush
(Image credit: Alex Wong/Getty Images)

We've seen a flurry of presidential campaign announcements over the last several weeks: Ted Cruz, Rand Paul, Marco Rubio, Hillary Clinton, Bernie Sanders, Ben Carson, Carly Fiorina, Mike Huckabee. Oh my.

But there's still at least one big notable absence. Jeb Bush, the first candidate to actually declare he was exploring a presidential bid, seems in no hurry to formally launch one. Instead, Bush has put in motion a plan that's effectively wrecking what's left of our flimsy campaign finance laws.

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Taegan Goddard

Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political websites. He also runs Wonk Wire and the Political Dictionary. Goddard spent more than a decade as managing director and COO of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. senator and governor. Goddard is also co-author of You Won — Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including The Washington Post, USA TodayBoston Globe, San Francisco ChronicleChicago Tribune, Philadelphia Inquirer, and Christian Science Monitor. Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.