Nearly all funds paid to Ted Cruz-tied PAC through podcast deal have gone to his reelection bid
Nearly all the money so far generated by U.S. Sen. Ted Cruz's controversial podcast-syndication deal with San Antonio-based iHeartMedia has gone to directly support his reelection bid, federal records show. During the current election cycle, Truth and Courage — a super PAC that receives payments from radio group iHeartMedia as part of the company's distribution agreement for The Verdict With Ted Cruz podcast — spent a total of $712,994 to back the Texas Republican's reelection, according to campaign finance filings. The entirety of those funds went to a Los Angeles-based entity called Catamaran Consulting, which used it for signs, canvassing, field operations and printing to back Cruz, records show.
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