Tuesday, December 2, 2014

Ted Cruz could struggle to raise funds for presidential run (Psychological warfare commences)

The Dallas Morning News ^ | December 1, 2014 | Todd J. Gillman 

Sen. Ted Cruz’s ambitions are clear. He’s a frequent visitor to Iowa and New Hampshire. He’s building a campaign staff.
But to make a serious White House bid takes serious money — at least $20 million by the time the first ballots are cast in early 2016. And that could be a challenge.
Although the Texas Republican is popular at conservative gatherings, Cruz has shown only modest success as a fundraiser. Like Ron Paul and Sarah Palin, he can probably count on showers of cash from enthusiastic legions of small-dollar donors, and that’s an important start.
But many major GOP donors and bundlers want nothing to do with a tea party agitator — particularly business interests dismayed by the federal-spending brinkmanship Cruz has advocated. That could limit his ability to elbow aside well-funded rivals....
(Excerpt) Read more at dallasnews.com ...

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