Texas Sen. and main Donald Trump rival, Ted Cruz, frantically spent money on his campaign in March. Of the $12.5 million that the campaign raised last month, $11.8 million was spent -- a burn rate of 94%. He arrived in New York for the primary with $8.8 million left in the bank. Cruz has had a difficult time expanding his donor base, even as the GOP race has narrowed over the past months. Despite Cruz’s dismal showing in New York, the campaign claims there is still excitement and optimism in the Cruz organization.