Posted on 02/03/2016 11:58:19 AM PST by GodGunsGuts
One of the key metrics on the strength of a campaign is how well their fundraising, and allocation of resources are going. In that measure Ted Cruz's campaign is on fire. According to FEC reports, for the most recent filing period, Ted Cruz had more cash on hand than the Republican National Committee.
For the period ending on December 31, 2015 Cruz reported having $18,734,794.46 cash on hand. For the same end date the Republican National Committee had $18,723,782 on hand. Cruz had about $11,000 more in his war chest than the RNC. It shows a particular strength for his campaign.
Part of the cash on hand equation is how well a campaign has managed their resources. The ratio of money spent to money raised is know as a campaign's burn rate. Going into the heat of the primary season, Cruz's burn rate is the lowest of all candidates. He has spent just 60.6% of what he has raised.
So while Ben Carson has raised more money, he has burned through it at a much faster rate than Cruz. Carson has spent 88% of what he has raised, mostly on direct mail, which allowed him to raise the money in the first place.
Going into the home stretch of the nominating contests, here is a ranking of the current candidates cash on hand as reported to the FEC...
(Excerpt) Read more at conservativereview.com ...
Why not? Isn't he in the Bankers and Wall Street pockets?
Well I guess for the slow ones i should have put /s on the post.
Palin’s endorsement of Trump does seem to be helping Cruz. And thats ok.
I think she’s fighting to remain relevant. I used to like and respect her. I think its time she does back to Alaska gets a job and cares for her family.
Goooooood point.
REALLY???
I got three emails today asking for MONEY...SO I FINALLY ASKED TO BE REMOVED FROM HIS MAILINGS...
THAT IS ONE REASON I SUPPORT TRUMP, HE HAS NEVER COME BEGGING AND SENDING EMAILS BEGGING TO HELP HIM...
WAKE UP AMERICA...CAN THIS NATION SURVIVE??? I’M WORRIED...
Ted Cruz is going to drag him into the fight of his life. Unless he plans on losing the election and/or going into the poor house, he better start asking his supporters to start helping to shoulder the financial burdens of his campaign. Otherwise Donald Trump is toast.
LOL
I’m 73, and I have sent to NO ONE...I learned my lesson when I sent money to Fred Thompson...and I said then...NEVER AGAIN...
How large is Cruz’s paid staff? just wondering..I’m sure he is wasting plenty, just like Bush is doing...
JEB is a laughing matter, HE HAS A HEARING DISABILITY, WE HAVE TOLD THAT FAMILY...NO MORE BUSH’S...YET THEY IGNORE US...ENOUGH ALREADY...
Ted Cruz wasn’t born with a silver spoon in his mouth. He has to fund raise. That’s how it works. No money, no advertising, no staff.
Donald Trump was indeed born with a silver spoon in his mouth. Successful fella for sure, but he didn’t build that company from the ground up...it was his daddy’s company. His dad finally turned the company over to Donald and he renamed it...Trump Enterprises.
“And concentrates on her cooking and cleaning and laundry, eh? I hear you loudly and clearly, driftdiver. Many FReepers do.”
I guess you missed the “get a job” part. Reading comprehension seems to be a problem for you. Perhaps you should go back to kindergarten.
Where does the other 18 million come from? And why? What do they want out of Cruz?
Two old white socialists battling it out and you think they will pick an affirmative action candidate? LOL They will pick someone YOUNG and energetic, something they are not. They will pick someone from a state they need to win, but aren’t expected to carry.
True, but there are rules about it. I think after Convention a LOT can come or something.
Worked great for Jeb Bush. Hopefully the same conclusion.
Ted Cruz is raking in the bucks, while at the same time being the most fiscally conservative of the bunch!
Go Ted Cruz!!!
He don’t have twitter Tantrums either!!! He isn’t a poor Loser either!!
Ask them. The donors are all public record.
Or are you suggesting that no one should ever be able to raise money for campaigns?
That only the super rich should be able to become President?
Is that what you are suggesting?
(See how easy the rhetorical question game is?)
So instead, we’ll chose the guy whose claim to fame in life is making casinos that have ruined the lives of thousands of people?
Someone gay and or an ethnic minority.
Dont count that out just yet. It would be the hail mary that either will toss if they have to.
Did Ted get the cash from Goldman Sachs or Citibank?
OMG the grass roots OWN this guy.
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