Cruz Super PACs Poised to Start Spending

Sen. Ted Cruz’s allies “for months have questioned why his friendly super PACs appeared to be stockpiling their cash, running few television ads while his presidential rivals dominated the airwaves,” the Wall Street Journal reports.

“Now, with the Texan surging in polls, that approach seems to have left him in a strong position.”

“Together, the four primary super PACs backing the senator have spent some $2.2 million, or less than 6% of the $38 million they raised in the first half of the year, according to Federal Election Commission records confirmed by a person familiar with the groups’ finances. That leaves them with more than $30 million to spend as the first nominating contest approaches Feb. 1.”