A set of newly-formed super PACs backing Sen. Ted Cruz for president plans to collect more than $31 million in contributions by the end of the week — a staggering sum in support of the Texas Republican, who declared his candidacy a little more than two weeks ago.
Four affiliated super PACs, all with some variation of the name “Keep the Promise,” have registered with the Federal Election Commission as they seek to boost Mr. Cruz’s candidacy.
Austin-based attorney Dathan Voelter is serving as treasurer of three of the four PACS, which under federal law can raise unlimited amounts of cash and don’t have to actually file disclosure reports until the end of July.
But in a statement, Mr. Voelter said the goal is to guarantee Mr. Cruz can compete against “any candidate.”
“We’re just getting started,” Mr. Voelter said. “Supporters of the senator now have a powerful vehicle with the resources necessary to aid in his effort to secure the Republican nomination and win back the White House.”
Bloomberg Politics first reported the $31 million figure and the news on the committees.Read the rest of the story HERE.
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2 comments:
Love the music. Where's it coming from?
Waste of money. His chances of winning are very poor.
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