Super PAC fundraising bolsters Democratic front-runner and Texas senator ahead of primary season’s final stretch
Democrat Hillary Clinton and Republican Ted Cruz and their allies have millions of dollars on hand and are in the strongest financial positions in their respective parties as they head into the final stretch of the primary season, according to reports filed with the Federal Election Commission on Wednesday.
... Mr. Cruz, a Texas senator, had $8.8 million in the bank at the end of March. He raised $12.5 million during the month, nearly three times as much as Mr. Kasich.
GOP front-runner Donald Trump, loaned his campaign another $11.5 million last month—bringing his total loans to more than $36 million—and raised another $2.7 million from outside donors. While his cash-on-hand figure, at $2.1 million, was barely higher than Mr. Kasich’s, Mr. Trump has said he is willing to spend uncapped amounts on the campaign.
Mr. Cruz is also backed by a growing network of super PACs that raised at least $10 million last month and had more than $21 million left to spend. The super PAC backing Mr. Trump, which launched a $1 million ad campaign on his behalf last month, had not yet filed with the FEC. ...Read the full story HERE.
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