Ted Cruz has never recouped more than $500,000 he loaned his first campaign. He’s working to overturn the law that’s blocked him.
The Supreme Court next month will hear arguments in his challenge to the law that prevents the repayment, prompting fears among watchdog groups that another rollback of campaign finance regulations might be looming.
By James Pollard, The Texas Tribune
Locked in an expensive Republican primary for U.S. senator against a wealthy, better-known opponent, Ted Cruz loaned his campaign over $1 million in 2012. The cash helped him defeat Lt. Gov. David …