Today the left-leaning group Texans for Public Justice filed a complaint against Cruz alleging the senator purposely hid more than $1 (million) in loans.
The Dallas Morning News reported:WASHINGTON – The left-leaning group Texans for Public Justice filed a complaint Tuesday alleging that Ted Cruz purposely hid more than $1 million in loans from major banks during his 2012 Senate campaign…
The FEC confirmed Wednesday afternoon that it had received the complaint. The commission has five days to evaluate it and decide whether it was filed properly and has merit.
On Wednesday, Democracy 21 and the Campaign Legal Center — two campaign watchdog groups — announced their own joint complaint filed with the FEC…His defense has been that while he neglected to disclose the loans on campaign reports, he did report them on personal financial disclosure forms on file with the U.S. Senate, as required of candidates and senators.
Put together, this suggests that Cruz took out loans which he then shifted into his campaign in the form of a loan. But this is not how the loans were described on his Senate campaign filings with the FEC…The Senate filing makes no indication that loan proceeds went into the Senate campaign.
I rest my case.