SarahPAC poised for action with nearly $1.2 million in the bank
Posted by Dr. Fay on January 29, 2013
Governor Palin’s PAC ended the year with a reserve of almost $1.2 million in the bank and no debt. That and the fact that fund raising continued toward the end of the year lends credence to Governor Palin’s promise to continue the battle for common-sense conservatism.
Kenneth Vogel at Politico writes:
Palin’s leadership political action committee, Sarah PAC, finished the year with $1.2 million in the bank, according to a report to the Federal Election Commission covering roughly the final month of the year.
Perhaps as significant as the cash on hand, Palin’s PAC has continued spending to build her fundraising list, which sources say contains about 100,000 addresses. The PAC paid $28,000 in December for fundraising related expenses including direct mail, online fundraising and thank you notes to donors, the report shows.
And her endorsements — along with accompanying Sarah PAC donations — were welcomed by several tea party candidates who defeated more establishment candidates in GOP primaries, earning her allies in the GOP freshman class and signaling that she can still be a force in the conservative base.
She was among the early backers of newly elected Sens. Ted Cruz (R-Texas), Deb Fisher (R-Neb.) and Jeff Flake (R-Ariz.) in their contested primaries, giving maximum $5,000 donations in their primaries, and then again in their general election campaigns.
“The governor’s vision and the support of patriots like you helped transform my long-shot candidacy into victory on election night,” he wrote. “While federal law prohibited any coordination between SarahPAC and my campaign, none of this success would have been possible without the outpouring of financial support, hard work, and word of mouth from conservative fighters like you. The governor’s support and your constant encouragement played a critical part in our triumph.”
After her breakup with Fox News, Palin told Breitbart News that she intended to broaden her outreach and become more involved in backing anti-establishment candidates.
“Focus on the 2014 election is also imperative,” she said, suggesting the Fox split would allow her to “free up opportunities” to spread her message. “It’s going to be like 2010, but this time around we need to shake up the GOP machine that tries to orchestrate away too much of the will of constitutional conservatives who don’t give a hoot how they do it in DC.”
And, in a late November message to the Sarah PAC list, Crawford signaled an even more anti-establishment path, writing that the “power brokers in Washington will still look for the easy path with candidates – those they know and that are habitual candidates.” Sarah PAC “will never stop identifying and supporting local commonsense conservatives with strong messages who understand the need to put people over politics, principals over promises, and ideals over self-interests.”
Dave Levinthal at the Center for Public Integrity also writes:
Few PACs, be they traditional or super in nature, maintain a cash balance in the seven-figure range, meaning Sarah PAC remains a force in politics…
During calendar year 2012, Sarah PAC took in nearly $2.6 million in contributions, its reporting shows.