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Darwin Deason

Ted Cruz adds billionaire backer to presidential campaign

in 2017/Top Headlines by

Republican presidential candidate Ted Cruz has picked up the backing of a Texas billionaire and the state’s lieutenant governor, his campaign said Monday. Darwin Deason, a technology entrepreneur, and his son, Doug, had given millions of dollars to the 2016 efforts of former Texas Gov. Rick Perry, who ended his bid for the White House last month. Lt. Gov. Dan Patrick — a one-time foe of the Texas senator — also will now be the Texas chairman of Cruz’s presidential…

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News Guide: Super PACs land wealthy donors to fund 2016 bids

in 2017/Top Headlines by

Nearly all of the contenders for president are encouraging their deep-pocketed donors to give not just to their campaigns, but to groups known as super PACs, as well. Unlike campaigns, these outside groups aren’t limited in how much money they can accept from individual donors. While they can’t directly take orders from the candidates they’re spending money to help elect, they still account for about $2 of every $3 raised so far in the 2016 race for president. Many super…

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