The San Antonio Current reports:
As much as U.S. Sen. Ted Cruz, R-Texas, wants the media to stop reporting on the controversial deal he inked for distribution of his podcast, federal filings continue to shine light on just how much cash it’s raking in for his reelection efforts.
A super PAC that lists its primary goal as helping Cruz win a third term has reaped another $156,186 in revenue from a deal San Antonio-based iHeartMedia struck to distribute the senator’s The Verdict With Ted Cruz podcast, new Federal Election Commission (FEC) filings show.
Since reaching the deal in late 2022, radio group iHeartMedia has now funneled a total of $786,000 into the coffers of the Cruz-linked Truth and Courage PAC. Cruz has faced intense scrutiny over that arrangement. Critics argue the pact is structured to skirt federal campaign contribution laws.
Read the full article.
To date, the controversial arrangement has pumped $786,000 into a super PAC whose primary goal is to see Cruz is reelected. #TedCruz #iHeartMedia #Texas #Senate #CampaignContributions #CampaignFinance #TexasRepublicans https://t.co/kbRZO9ChIY
— San Antonio Current (@SAcurrent) June 20, 2024
NEW🚨: Ted Cruz’s super PAC just reported a $156,185 payment from iHeartMedia in revenue from his podcast—bringing the total to $370,938 for the year.
This arrangement is blatantly illegal. Ted is funneling podcast $ to his super PAC. pic.twitter.com/iPTctFLNCd
— Lose Cruz (@LoseCruzPAC) June 20, 2024
It’s illegal to raise money for a Super PAC supporting you — but Ted Cruz has been doing just that.
In exchange for “volunteering” as a podcast host, iHeartRadio dumped $630k into his Super PAC, while also lobbying for bills handled by Cruz’s committees.
This is corruption. ⬇️ pic.twitter.com/yL2KMiVOSw
— Melanie D’Arrigo (@DarrigoMelanie) April 8, 2024