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.