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Cruz Campaign Raises $20.5 Million in Last Quarter of 2015

Ted Cruz’s campaign raised a reported $20 million in the fourth quarter.

Heading into 2016, Cruz will have $18.7 million cash on hand and will be ready to take the fight to Donald Trump.

The Hill reports:

Of the funds raised in the final stretch of 2015, about 42 percent came from small-dollar donations of less than $200.

The campaign also was not shy about spending its funds as it sought to establish a presence in Iowa, as it spent $15.5 million in those three months.

Cruz has been challenging Republican presidential front-runner Donald Trump for first place in the Hawkeye State, which has prompted a feud with the business mogul, as well as other candidates vying for the limelight in early primary states.

Photo credit: Red State.

 

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