Perot's largest contributor is Perot himself

April 21, 1992|By Knight-Ridder Newspapers

DALLAS -- Texas billionaire Ross Perot reports that he has spent more than $400,000 to land his name on the ballot.

Indeed, most of the money behind the Perot Petition Committee comes from Mr. Perot himself, according to filings with the Federal Election Commission.

The FEC requires any potential candidate who has spent more than $5,000 to disclose the sources and uses of contributions.

"It is not a campaign," Thomas H. Luce, Mr. Perot's lawyer and adviser, said yesterday. "The only organization that exists is the one that is helping volunteers in the field."

Nevertheless, the organization -- once hailed as a spontaneous, grass-roots movement by American voters -- appears to be rapidly evolving into a well-oiled political machine.

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