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Tags: cruz | john kasich | super pacs | increase | fundraising | spending

Cruz, Kasich Super PACs Increase Fundraising, Spending

Cruz, Kasich Super PACs Increase Fundraising, Spending
(AP)

By    |   Monday, 21 March 2016 07:51 AM EDT

Super PACs supporting Ted Cruz's presidential bid increased their fundraising and spending in February, while PACs supporting John Kasich had their best month ever, but still brought in far less than groups supporting his rivals.

The six major groups supporting Cruz brought in $7.9 million, while spending $11.5 million, to end February still having $20 million on hand, according to Federal Election Commission filings, reports Politico.

Meanwhile, Kasich's commission report showed his supporting groups raising $3.4 million in February, marking twice what was brought in January, and spent $3.6 million, leaving $1.3 million on hand. 

According to the reports, the latest group supporting Cruz, Trusted Leadership PAC, brought in $1 million contributions each from a firm with links to Texas oilman Kyle Stallings and from private equity investor John Childs, while spending nothing.

Another group, Stand For Truth, spent the most, $4.9 million, on attack ads against ex-GOP contender Marco Rubio and Donald Trump, and brought in its largest contribution of $100,000 from Gale Alger, a retiree from Florida.

The super PAC Keep the Promise I started out with $11 million from Robert Mercer, the report said, but has $422,000 left after spending $3.2 million last month. Mercer chipped in another half-million in February.

Keep the Promise II, anchored by investment banker Toby Neugebauer, brought in no money and spent $300,000 on media production, and still has nearly $9 million on hand.

And Keep the Promise III, anchored by fracking billionaires Farris and Dan Wilks' family fortune, has $9.4 million cash on hand after spending $2.2 million.

Meanwhile, Cruz raised nearly $12 million, of which 39 percent came from small donors, according to the FEC report, Politico reports. 

He finished out with $8 million on hand after spending $17.5 million, which included $8.8 million on ads and $2.7 million on data services.

Another $294,000 went to political strategy consulting with $155,000 to the firm of campaign manager Jeff Roe, and $343,000 was spent on the campaign's 88 employees.

In comparison, Kasich had 45 employees, and front-runner Donald Trump had not yet filed his FEC report on Sunday.

Kasich-related super PAC New Day for America, meanwhile, raised $3.2 million and spent around $3 million, including funds spent on ads to target Trump, Cruz, Rubio, and Jeb Bush.

As for Kasich himself, the Ohio governor brought in $3.4 million, doubling his January haul, the FEC report said, raising about one-third of that from donors contributing $200 or less.
 
The campaign, finishing out with $1.3 million in the bank, marked its largest expenditures for payroll, media buys, and online consulting.

Sandy Fitzgerald

Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics. 

© 2026 Newsmax. All rights reserved.


Headline
Super PACs supporting Ted Cruz's presidential bid increased their fundraising and spending in February, while PACs supporting John Kasich had their best month ever, but still brought in far less than groups supporting his rivals.
cruz, john kasich, super pacs, increase, fundraising, spending
428
2016-51-21
Monday, 21 March 2016 07:51 AM
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