DES MOINES, Iowa — Ted Cruz’s campaign manager Jeff Roe said Friday that Cruz’s campaign ended 2015 with nearly $19 million in the bank — and predicted the figure would lap the rest of the presidential field.
“I bet that is potentially $10 million more than anyone else has in the bank,” Roe declared a Bloomberg breakfast in Des Moines.
Story Continued Below
Cruz has surpassed many by consistently being among the best fundraisers in the Republican race since he launched last March, when raised $4 million in his first week. He ended the third quarter with $13.8 million in the bank, the most in the GOP field.
His campaign has previously announced raising roughly $20 million in the fourth quarter, meaning Cruz continued to bank cash at the end of 2015 even as it ramped up its spending on ads and political infrastructure in the early states.
“We’re funded to go the distance,” Roe declared.
Roe predicted victory in Iowa on Monday. “I think we’ll win,” he said, adding “outside the margin of error.”
But win or lose, Roe said the cash advantage ensured Cruz was in for the long haul.
“We’re just not a campaign that’s going to be deterred by a few thousand votes in one state,” Roe said.
“We’ve got 19 million bucks in the bank, we’re organized in all 50 states,” he said. “We have the governor of Guam!” he added.
Cruz and Ben Carson, who has announced raising $23 million in the fourth quarter, are the only two Republicans to preview their figures for the final quarter of 2015.
The entire 2016 field must file end of year fundraising and spending reports to the Federal Election Commission by Sunday, January 31.