Republican Texas Senator Ted Cruz has had another successful fundraising quarter, bringing in $5.5 million as he prepares for his re-election campaign in 2024. The conservative lawmaker’s fundraising efforts have consistently shown strong support from his base, with this quarter’s numbers slightly higher than the previous three months. Cruz’s campaign has raised a total of $11.7 million so far, with the fourth quarter haul representing a significant increase from his 2018 re-election campaign.
In addition to the $5.5 million raised, Cruz’s Ted Cruz Victory Fund also transferred $1.4 million to the National Republican Senatorial Committee and the Republican Party of Texas. The campaign boasted 78,000 unique contributions, with an average contribution of $36.67, coming from Texans in 247 out of the state’s 254 counties, as well as supporters from all 50 states. The campaign closed out 2023 with over $7.3 million in cash-on-hand.
Cruz’s team expressed confidence in their fundraising success, stating that they have seen an increase in energy and support from Texans and the nation as a whole. They emphasized the importance of re-electing Cruz to protect the conservative values that Texas represents, especially in the face of threats from the radical left. Cruz himself has acknowledged the challenging nature of his re-election bid, noting that there is a large field of Democrats vying for their party’s nomination to challenge him in November.
Notably, Cruz has become a target for Democrats, who view him as a prominent figure of the Republican party. Despite being out-raised in his 2018 Senate battle against Beto O’Rourke, Cruz remains a formidable opponent. In the third quarter of 2023, he outperformed Rep. Colin Allred, one of the leading Democratic contenders, by approximately $600,000. Allred’s fourth quarter fundraising numbers have yet to be announced.
The upcoming Senate elections in November are crucial for both parties, as Democrats defend their slim majority. Republicans need to gain either one or two seats to regain control, depending on the outcome of the presidential election. The electoral map favors the GOP, with Democrats defending more seats, including some in red states and battleground areas. The battle for Texas will undoubtedly be closely watched, as Democrats aim to flip the historically conservative state.
As the 2024 campaign trail unfolds, Ted Cruz’s fundraising success highlights the enthusiasm and support he continues to garner from his base. With strong financial backing and a determined campaign team, Cruz is poised to face the challenges of re-election head-on and defend the conservative values he represents in Texas.
