The Nation - News from June 27, 1989

President Bush plans to announce this week a broad package of proposals aimed at changing the way federal campaigns are financed and limiting the advantages enjoyed by incumbents, the Washington Post reported. The Bush proposals are expected to include new limits on political action committee contributions, a ban on the retention of excess campaign funds for use in the next election and tighter limits on free congressional mailings to constituents. Administration officials said Bush is meeting the next three days with a variety of groups interested in campaign finance reform before he makes final decisions on the package. Officials said most of the options he is considering would tend to put limits on incumbents, a pattern that would help Republicans since Democrats control both houses of Congress.