It is interesting that a conglomerate of Ted Cruz Political Action Committees are reporting to have collected $31 million in the first two weeks. However, these reports should be tempered against the backdrop that reports from inside the Jeb Bush team assembly have reportedly told their own donors to hold off on writing any more mega-checks because the coffers were gathering too much money. The Bush insiders were leaking that Jeb’s collections were exceeding $100 million per week.
(Via Breitbart) Super PACs backing Sen. Ted Cruz (R-TX) for president of the United States are taking in a “record haul” that is “eye-popping,” Bloomberg’s Mark Halperin writes.
“Ted Cruz’s presidential effort is getting into the shock-and-awe fundraising business,” Halperin wrote.
An associate of the Texas senator, a recently announced presidential candidate, tells Bloomberg that a cluster of affiliated super-political action committees was formed only this week, and among them they are expected to have $31 million in the bank by Friday.
Even in the context of a presidential campaign cycle in which the major party nominees are expected to raise more than $1.5 billion, Cruz’s haul is eye-popping, one that instantly raises the stakes in the Republican fundraising contest.
The rate at which the outside Super PACs pulled in $31 million to back Cruz, Halperin wrote, “is remarkable” adding that there “are no known cases in which an operation backing a White House hopeful has collected this much money in less than a week.” (read more)