Sarah Palin’s political action committee will report raising almost $1.7 million in its semi-annual report for 2011, according to a spokesman.
The money was raised between Jan. 1 and June 30.
“SarahPAC more than doubled the amount we raised as compared to the same time period in 2009,” said SarahPAC treasurer Tim Crawford. His organization received more than 36,700 contributions from over 24,000 people.
Crawford said SarahPAC has about $1.4 million in cash on hand. It has spent about $1.6 million, including donations totaling $65,000 to candidates and a grant of $18,700 to the Young America’s Foundation, during the filing period.
OOOPS! That's only 5%.
SarahPAC still has the entire 2012 election cycle to go through; what percentage do you suppose will have been spent by then, 200%?