In its first election campaign, New Era promised to combat corruption and tax evasion. According to New Era promises, eliminating tax evasion would increase Latvia's state budget by 400 million Latvian lats (about 750 million United States dollars), allowing for increased funding for a variety of programs and also for tax cuts. Running on this platform, the party won 23.9% of the popular vote and 26 out of 100 seats in the 2002 legislative election and became the largest party in the Saeima, the parliament of Latvia. It formed a coalition government with 3 other parties, with the New Era leader Einars Repše as the prime minister. In January 2004, the coalition fell apart and Repše resigned.