However, his campaign finished Jan with $13 million, and raised $12 million in Feb according to their monthly filing published in early March.
Hard money, which one either has or has to raise, can only be raised in $2,700 increments. And this last week the FEC ordered the Cruz campaign to return several million $ to people who had exceeded that limit.
His campaign is totally dependent on that vaunted ground game. And the only LEGAL way to fund it is with hard money.
Yes, he's running on fumes and small loans. Or IOU's.
The only plausible way he can continue is to make a deal that would ensure a massive injection into his PACs and a shift in strategy to massive bombardment over the air funded by them.
And releasing all but a small staff.
How do we know they are or will be shortly if we won't know until the end of April?