FEC report: Palin's PAC has $1.3M in cash

[January 27, 2011]  ANCHORAGE, Alaska (AP) -- Sarah Palin's political action committee ended 2010 with more than $1.3 million cash on hand, according to financial forms filed Wednesday with the federal government.

The disclosures filed with the Federal Election Commission show Sarah PAC raised more than $275,000 in the last six weeks of 2010. Those donations, mostly smaller amounts, came from 607 donors scattered across the country.

The PAC raised more than $3.5 million in 2010, and handed out $463,500 to candidates and political causes.

Tim Crawford, the PAC's treasurer, told The Associated Press in an e-mail he was "very happy with cash on hand and very happy with our results this cycle."

The PAC report noted two checks were never cashed, one for $2,500 to the campaign of Rep. Michele Bachmann, R-Minn., and another for $5,000 to U.S. Rep. Mike Coffman, R-Colo.

Crawford surmised the checks might have been lost in the mail, and he stopped payment on them.

The PAC's more than $200,000 operating disbursements in the last six weeks of the year were for such things as media and issue consulting, speech writing, travel expenses and legal fees.

Palin, a former Alaska governor and the 2008 Republican vice presidential candidate, has said she is considering running for president in 2012.

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Online:

Sarah PAC FEC report: http://bit.ly/hVR8ai

[Associated Press]

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