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Cruz Campaign Ended in Healthy Financial Shape

As the end neared for Ted Cruz's presidential campaign, one problem it did not have was money, according to its latest finance report.

Ted Cruz Speaking at GOP Convention in Dallas, May 2016

Editor's note: This story has been updated throughout.

As the end neared for Ted Cruz's presidential campaign, one problem it did not have was money, according to its latest finance report.

The disclosure, filed Friday with the Federal Election Commission, shows Cruz's campaign had more than $9 million in the bank as of April 30, three days before he dropped out of the race for the White House. The report also reveals Cruz's campaign raised $10.9 million in April and spent $10.3 million.

Taken together, the numbers point to a campaign that was not financially struggling in its final weeks. The report accounting for the last three days of the campaign, May 1-3, will be available a month from now.

Cruz's nearly $11 million haul in April brings his total fundraising to $90million, well over the $50 million goal his team had set for the primary. His campaign ended up spending $80.6 million overall.

Friday also brought a wave of new figures from the super PACs that supported Cruz, many of which joined forces in the final two months of the campaign. The single group they formed, Trusted Leadership PAC, reported raising $3.7 million in April and spending roughly as much, ending the month with $1.1 million cash on hand. 

Despite the super PACs' effort to unify, Friday's filings show that more than $20 million sat in their coffers as Cruz veered toward his campaign-ending defeat May 3 in the Indiana primary. Nearly half that sum came from Keep the Promise II, whose founding donor, Toby Neugebauer, ending up spending a fraction of the $10 million he committed to the group. 

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