Sarah Palin's political action committee will report later today that the 2008 Republican vice presidential nominee raised about $1.66 million in the six-month period that ended June 30.
Despite spending most ($1.592 million) of that figure in the same fundraising period - $65,000 on other candidates and a $18,700 donation to the Young America's Foundation - the PAC has $1.402 million cash on hand.
Should Palin decide to pursue a 2012 presidential bid, none of the PAC funds would transfer to her campaign. Still, the figure - startlingly low for a semi-annual report - is a litmus test for her fundraising ability.
"We at Sarah PAC are very pleased and grateful for the tremendous support that Governor Palin receives from everywhere across our country," said Tim Crawford, the PAC's treasurer. "Sarah PAC more than doubled the amount we raised as compared to the same time period in 2009. We received more [than] 36,700 contributions from over 24,000 contributors."
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