Patterico's Pontifications


Ted Cruz Raises Over $30 Million in One Week

Filed under: General — Patterico @ 7:15 am

Mark Halperin at Bloomberg:

Ted Cruz’s presidential effort is getting into the shock-and-awe fundraising business.

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.

Nick Confessore at the New York Times says the sum “could upend expectations in the race for the Republican nomination and rewrite the political rule book for outside spending.” He adds:

The size of the contributions is likely to force backers of other candidates to rethink their budgets for the primary season; other super PACs lining up behind Republican candidates had planned to raise $20 million to $30 million over the course of the entire primary campaign.

“It’s unbelievable; I don’t think anyone expected it,” said Dave Carney, a Republican strategist who worked on the 2012 presidential campaign of former Gov. Rick Perry of Texas. “I don’t think in the first round anyone would have expected them to raise that much. It is going to change everyone’s calculation.”

It’s a nice start. The media will play up the involvement of Super-PACs but the real story is the amount. It took some of the wind out of the sails of Rand Paul’s announcement, and makes Cruz a formidable contender.

14 Responses to “Ted Cruz Raises Over $30 Million in One Week”

  1. Historically, following a 2-term president, the other party usually wins. Only when the previous president has been a popular success (Reagan, Teddy, Coolidge, FDR) does the party win that third term (and, treating FDR as a two-termer, never a 4th term since 1908).

    This tends to favor the GOP. Considering, whatever else you might think, that no one considers Obama’s administration to be popular and/or a success, this election is the GOP’s to lose. Since we can probably win with anybody, there is some logic to going with Cruz.

    I prefer Walker, still, because I want a little more stability and experience and maybe a little less change, but I could hang with Ted.

    Kevin M (25bbee)

  2. Walker could always let Mr. Cruz be his running mate they could team up like baman piderman

    happyfeet (a037ad)

  3. I’m not all that picky, against Hillary I’d vote for Paddy’s pig if he got the GOP nomination, and I’m an Independent.

    ropelight (833cd0)

  4. liberals, republicans and other losers heads are exploding.

    mg (31009b)

  5. Heh! I guess we’ll be hearing from Ted for a few more months – much to the chagrin of Karl and Jeb.

    in_awe (7c859a)

  6. I think this means that issues will be important in both the primary and the general election. Most importantly, the “undecided” public will be exposed to Cruz’s thinking from an early point. Unlike the McCain-Romney-Dole clones, Cruz has the ability to see how principles are at play in a host of progressive feel-good prescriptions, and he can articulate the consequences of pretending that only intentions count. The $4.1M he raised for his campaign from citizens (to be distinguished from Obama’s untraceable small contributions from countless sources around the world) is also “awesome”.

    bobathome (ef0d3a)

  7. I can’t wait for the team of republicans to try and debate this conservative.

    mg (31009b)

  8. My primo xl smoker grill showed up Mr. Patterico.
    Got a great deal on Amazon. Thanks.
    Love to have you try some pork shoulder.

    mg (31009b)

  9. Hillary! Is doomed, JarJar & the MFM don’t want Granny ‘effing up their revolution.

    DNF (a644db)

  10. my advice to Ted is don’t get carried away to where you’re forgetting to floss and you stop calling your mom and you don’t make time just for to enjoy spring

    just keep it real

    happyfeet (831175)

  11. Feelings will be hurt
    too bad
    I’m a so happy
    their not my feelings

    mg (31009b)

    The 2nd amendment is a winning issue for republicans. (most of them are oblivious to this]

    mg (31009b)

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