The money man
Back in March, Ted Cruz raised $2 million in three days but the haul his campaign and supporter groups has brought in over the last three months makes that look like small potatoes.
According to a new report from Reuters, Cruz has entered impressive territory:
Cruz presidential campaign says supporters donated $51 million
Republican Senator Ted Cruz and the outside groups supporting his presidential bid have raised more than $51 million in the three months since he launched his campaign for president, according to a statement from his campaign on Sunday.
Cruz, who announced his candidacy on March 23 in a speech at the conservative school Liberty University in Lynchburg, Virginia, has raised far less in donations directly to his campaign than his supporters have collected for the four outside spending groups supporting him.
The statement said there were 175,000 individual donations to the campaign with an average contribution of $81. About $10 million came in during the second quarter of the year.
Final figures from political action committees supporting him have not been released yet but the Cruz campaign said that in June the groups announced having already brought in more than $37 million.
Cruz released a statement for July 4th on his campaign website this weekend.
In case you missed it, here it is:
“If you are like me and pay attention to the news every day, you can easily be overwhelmed by all the simultaneous events that seem to indicate an impending American decline. But I don’t believe that. Everywhere I go, I see it in their faces and hear it in their voices. Americans want to believe again.
“On this July 4th, I want to share with you my hope for America.
“In the summer of 1776, Patriots gathered to dissolve the political bonds they had with England and declare their independence. The bold call for independence presupposed that the colonists were equal in station to the British Empire. They listed their grievances as justification for the split.
“The fifty-six signers from the thirteen colonies affixed their signatures to the document. It could only mean one thing – war. Indeed, the American Revolution came.
“Today, we live out the Founder’s promise to America – that a free people pursuing their dreams would lead to limitless possibilities.
“My father came to America from Cuba in 1957. He had very little money, and spoke little English. My Irish-Italian mother was the daughter of working class parents. Both my parents worked hard and were the first to graduate from college. In a single generation, their son became a United States Senator and now I am running for President of the United States. That could only happen in America.
“What I understand is that story is not unique. Most Americans have a similar story in their family history.
“These stories demonstrate how America is truly the land of limitless opportunity. The Fourth of July always reminds me of the opportunity America gave my family, and I ask myself, ‘What have I done today to ensure that same opportunity exists for future generations?’ We’re an exceptional nation, and it is up to each of us to keep it that way.
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