Ted Cruz seems poised to take his momentum well into the New Year, having raised $20 million in the fourth quarter of 2015, the Texas senator’s largest haul since becoming a White House hopeful.
An official campaign memo obtained by The Wall Street Journal shows Cruz’s fundraising nearly doubled the roughly $12 million he raked in during the previous quarter. Cruz took in $4.3 million in the first quarter, then $10 million in the second, though his camp touted the fact that he had more cash on hand than any other candidate in the crowded GOP field.
Cruz’s fundraising total for the year stands around $45 million, campaign manager Jeff Roe said in the memo to staffers.
The dollar figure reflects Cruz’s new status as a top-tier candidate. Recent polls show him beating billionaire Donald Trump in Iowa and coming in second to the former reality TV star nationally.
Official fundraising reports aren’t due out until January 31, the day before the Iowa caucuses. But by leaking his fundraising numbers now, Cruz cements his newfound status in the Republican primary and shows just how well he’s translating his support among evangelicals and dissatisfied GOP voters into a well-financed operation.
(Excerpt) Read more at finance.yahoo.com ...
