Posted on 04/22/2016 4:09:04 AM PDT by markomalley
It's that time again: all the 2016 hopefuls (and also-rans) have filed their monthly campaign finance reports with the Federal Election Commission, giving us some insight into how they raise and spend money.
Campaign finance reports can say a lot about a candidate: once the reports are online, they show everything from which hotel chains Hillary Clinton's campaign likes to stay in to how much money Donald Trump's staff spent on pizza, so we'll have an update when the reports publish over the next few days.
But they also give us clues as to a campaign's strategy and viability going forward, something that's especially important now that the respective primary fields are narrowed down for the final stretch of primaries to just five candidates: Clinton, Trump, Vermont Sen. Bernie Sanders, Texas Sen. Ted Cruz and Ohio Gov. John Kasich.
Here are CBS News' biggest takeaways from the March FEC reports:
(Excerpt) Read more at cbsnews.com ...
I was watching Fox Business yesterday and they said Cruz had a 94% burn rate and unless his fundraising really increased, he was going to be short of cash soon. I wonder when his superpac folks will decide to stop throwing good many after bad. Probably soon.
Cruz got crushed in NY, and will, most likely, be crushed next Tuesday as well. How many people are going to keep donating to his campaign? In any other year, I’d say that his funding would dry up quickly, but this is a very unusual year, so there are those with deep pockets who will keep infusing money into the effort to block Trump.
FROM THE ARTICLE: On the GOP side, Cruz’s campaign raised a respectable $12.5 million in March, its biggest monthly total thus far, but it also spent $11.8 million, nearly as much as it brought in. As of April 1, Cruz’s cash on hand stands at $8.8 million.
Trump, too, is going through his campaign war chest quickly. His total haul for March, including the money he loaned his campaign, was $14.56 million; meanwhile, his campaign spent $13.78 million. His cash on hand at the end of March, $1.34 million, is actually slightly less than he had on hand at the end of February ($1.58 million).
Trump has remained front runner in the campaign on a total spending of what some candidates blow through a month. If he runs this country as efficiently, our nation should be on track even after Obummer.
Cruz had biggest fund raising day in April after NY loss. Money will not be an issue for Cruz.
I read the article. There’s plenty more where Trump’s comes from. He just gave Manafort $20 million to secure delegates.
Cruz is relying on donations, and burning through them at a 94% rate.
We’ll see. Depends on how much GOP donors will pay to watch their powerbase, the GOP, self-immolate.
Only 2.72 million of what Trumpspent was OPM. All that Cruz and Kasich spent was OPM. Easy for a politician to spend money that others provide. Look at the job they do on our taxes!
Just went looking for evidence of you claim. Found none. Do you have a link?
It was an email from Cruz campaign.
Ted sCruz, it’s too late for him, thank God.
Can you post a screen shot or a link?
If I haven’t deleted it I will. Have to be my other computer
Linky as most Campaign experts the PAC money fries up after AP says it's over by winning by delegates the cash dries up
dries
That's real believable!!!
I’ll be waiting with bated breath.
Ted , % Never Trump money has dried up and Heidi will be sending out E-Mails got two yesterday from Cruz. He may not be able to campaign in California
Do the anti-Crtuz folks even read these articles?
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