Ahead of his 2018 bid for re-election, U.S. Sen. Ted Cruz has an imposing war chest collected through three allied groups.
As expected, U.S. Sen. Ted Cruz is maintaining a massive cash advantage ahead of his 2018 re-election race, with a total of more than $5.2 million in the bank.
That war chest total comes after he raised more than $1.7 million among three allied groups during the first quarter of 2017, according to campaign finance reports released over the past several days. His re-election campaign took in $1.3 million of that total, and it has $4.9 million cash on hand.
The Texas Republican already has a Democratic challenger for 2018, U.S. Rep. Beto O’Rourke of El Paso. O’Rourke raised $208,000 in the first quarter, though he announced his Senate campaign on the last day of the period, March 31, and is said to have raked in hundreds of thousands of more dollars in the following days. His campaign has $535,000 cash on hand — a tenth of Cruz’s war chest.
O’Rourke’s first quarter reflects his oft-touted pledge not to take money from political action committees and rely on small-dollar donors, who made up 47 percent of his individual contributions. Yet Cruz also has small-dollar fundraising strength — 54 percent of the individual donors to his re-election campaign gave $200 or less.
The three groups that make up Cruz’s fundraising network are Ted Cruz for Senate, a re-election campaign committee; Ted Cruz Victory Committee, a joint fundraising committee that sends contributions to the re-election campaign and his leadership PAC; and the Jobs, Freedom, and Security PAC, the leadership PAC.
……
- Discussion
-
Our #txsen fundraising roundup: https://t.co/rcbRCp0Jp9
— Patrick Svitek (@PatrickSvitek) April 21, 2017
You must be logged in to reply to this topic.