According to David Catanese of Politico he’s in:

Lt. Gov. David Dewhurst is planning to formalize his candidacy for U.S. Senate in Texas on July 18 and could accelerate that time frame if advisers see fit, a GOP source with knowledge of his plans tells POLITICO.

So the money is now in the race. Some interesting questions arise from this now that it appears Dewhurst has officially made up his mind:

What is Sen. Dan Patrick going to do? At the recent Senate forum, I was certain he was in. Now that Dewhurst (and his money) is in the race you have to wonder if the Dan thinks he can run against Dewhurst sucessfully? Since he attacked Dewhurst pretty hard in the forum I have to think that answer is yes.

What is the Tea Party going to do? Dewhurst will NOT be a Tea Party favorite. He can’t run as a Conservative activist with any credibility. He’s a moderate in the vein of KBH, and many think that Hutchison didn’t run again because she didn’t think she could survive a primary having been type-cast as a RINO by Perry’s campaign team.

How does this affect Ted Cruz? In the early parts of the race, Cruz looked like the clear favorite. Dewhurst changes that dynamic and places Cruz firmly in second place. Dewhurst will also give the State’s lackluster political media a “moderate” candidate to cheer for, before they turn on Dewhurst and support Ric Sanchez that is.

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