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Sun May 31, 2015, 06:59 PM

Perry Looks to Hold His Own in 2016 Money Chase

Days after U.S. Sen. Ted Cruz, R-Texas, launched his presidential bid in March, he swooped in on his hometown of Houston and raked in hundreds of thousands of dollars during a fundraiser just across the highway from his campaign headquarters.

Meanwhile, another Texas Republican with presidential ambitions — former Gov. Rick Perry — held his own fundraiser that evening just a mile away, walking distance for those interested in dropping in on both.

It was not the only time this year two White House hopefuls descended upon the same Texas city to raise money, and it probably will not be the last. But it was one of the more acute signs of a new reality for Perry, who will enter the 2016 race Thursday vying for campaign cash in a crowded field with strong pull among Texas' deep-pocketed donors.

"My goodness, I think it's much more fierce than it's ever been," said Fred Zeidman, a major Houston fundraiser with ties to a number of GOP hopefuls, including Perry. "We’re still the low-hanging fruit, and you’ve got 20 candidates chasing Texas money now instead of two or three candidates."

Read more: http://www.texastribune.org/2015/05/31/fight-texas-dollars-perry-looks-hold-his-own/

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