The $156,186 in “digital revenue” was sent in May from the company that distributes Cruz’s podcast to Truth and Courage PAC, which is working toward Cruz's...
The Truth and Courage PAC also received $1 million from Miriam Adelson, majority owner of the Dallas Mavericks.
Senators have a yearly mid-May deadline to file personal financial disclosure statements. Cruz requested and received a deadline extension to Aug. 13. He has received similar extensions in most years since joining the Senate in 2013.Advertisers featured on the podcast include politically motivated organizations and right-leaning companies such as Patriot Mobile, which says it is “America’s only Christian conservative wireless provider.”Advertisers also have included major companies.
Truth and Courage spokesman Jarrod Griffin said in a statement the PAC owns the podcast and pays taxes on all revenue it receives from iHeart Media.None of those involved have provided details of the arrangement. Advocacy groups focused on campaign finance rules have suggested the payments violate laws prohibiting candidates from soliciting “soft money” donations, including from corporations.
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