Why is Rick Perry broke? Because his 2012 donors prefer Ted Cruz.

Perry raised just over $1.1 million in the second quarter of 2015, meaning Cruz has brought in almost as much from ex-Perry donors as Perry raised in total in the first half of the year. Perry raised more than $20.5 million in his 2012 run but dropped out just before the South Carolina primary.

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Cruz’s financial haul among Perry donors could be even larger than the stats show. Our analysis matched names and zip codes from the Federal Election Commission’s donation records across campaigns; typos, name changes, and moving all could have caused shared donors’ records not to match. The analysis also omits small donors who gave less than $200, since campaigns aren’t required to itemize and report those donations.

Perry’s campaign did not respond to questions about his fundraising.

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