Current fundraising figures show that the Senate candidates have fundraised a combined $81.2 million.
We’re testing using AI-powered tools to provide an audio version of this story. While this audio recording is machine-generated, the story was written by human journalists.With five months to go before the November election, Republican U.S. Sen. Ted Cruz and Democratic U.S. Rep. Colin Allred have collectively raised about $81.2 million for the U.S. Senate race.
About $23.4 million of the money that Cruz raised was through Ted Cruz for Senate, his main reelection campaign committee. He also raised about $16.6 million through his two joint fundraising committees, Ted Cruz Victory Committee and Ted Cruz Victory Fund, along with his However, Cruz has more cash on hand with a combined total of $14.2 million among all of his fundraising entities. Allred has $10.5 million.By using joint fundraising committees, federal candidates can increase that limit to the combined maximum for each group, allowing individual donors to cut bigger checks. However, some of money raised by these committees is spent on behalf of other candidates.
As of June 2024, Cruz and his joint fundraising committees have raised a total of $40 million in the 2024 election cycle. This is nearly twice the amount he raised during the same period during his 2018 Senate reelection bid after adjusting for 2024 inflation. In total, Ted Cruz raised $48.8 million during the 2018 election cycle.As of June 2024, Allred and his joint fundraising committee have raised a total of $41.2 million in the 2024 election cycle. This is about $11.
Texas Politics Texas Policy Texas Government Politics Ted Cruz U.S. Senate Colin Allred 2024 Elections
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