Watch CBS News

Ted Cruz ends the year with big fundraising spike

Sen. Ted Cruz's presidential campaign is capping off 2015 with a spike in fundraising, coinciding with momentum in the polls.

Ted Cruz is on Donald Trump’s heels; all bets are off in GOP race 03:29

The Texas Republican raised nearly $20 million in the fourth quarter of this year, his campaign confirmed Wednesday. The campaign has raised around $45 million since Cruz launched his White House bid in late March.

In a memo, the Cruz campaign said it has received more than 670,000 donations from over 300,000 donors. And just a month before voting officially starts, the campaign is boasting about its robust team in place in the first four primary and caucus states -- Iowa, New Hampshire, South Carolina. and Nevada. The campaign has county chairmen in place in all 171 counties across those states.

A CBS News battleground tracker survey released earlier this month found Cruz has now risen to first place in Iowa with 40 percent support. Similarly, A Des Moines Register/Bloomberg Politics poll released last month showed that Cruz has moved into first place in Iowa.

CBS News' Alan He contributed to this report.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.