May 4, 2016

Ted Cruz Ends Presidential Campaign After Trump Sweep in Indiana

So much for #NeverTrump.

Michael Conroy/AP

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After a projected Donald Trump sweep in Indiana was announced by the major TV networks on Tuesday night, reports began to surface that Ted Cruz would be ending his campaign.

Cruz confirmed as much in a speech on Tuesday night, saying that while he is suspending his campaign, “I am not suspending our fight for liberty. I am not suspending our fight to defend the Constitution. To defend the Judeo-Christian values that built America. Our movement will continue.” Here’s the moment in his speech when he announced it was over:

Going into Tuesday, Cruz had no chance of securing a majority of delegates and a win on the first ballot at the Republican convention in Cleveland in July. After Trump’s decisive win in Indiana, even that goal appeared unrealistic. Trump is now considered to be the presumptive Republican presidential nominee. Republican National Committee chairman Reince Priebus tweeted as much:

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

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