Stephen Reader covers politics for It's a Free Country, WNYC's interactive politics site. He joined the station in 2010 and has also worked for Studio 360, WNYC's Peabody Award-winning show about art, culture, and creativity.
Early Returns From PAC Filings: Colbert Booms, Perry Busts
Tuesday, January 31, 2012
New year-end reports filed with the Federal Election Commission trickle out today, and the early word is that Stephen Colbert's Super PAC raised just under $1 million, while former candidates Rick Perry and Michele Bachmann floundered.
→ The big winner so far is Stephen Colbert's Super PAC. Building a Better Tomorrow, Tomorrow reported collecting over $800,000 in the fourth quarter, the first during which it solicited contributions. Not too shabby, considering it's a big joke. Of that total, only $81,470, or about 10 percent, came from individuals contributing $250 or more.
→ Newt Gingrich raised almost $9.8 million to close out 2012, but his campaign also spent about $8 million over the same period of time
→ Rick Perry raised only $2.9 million in the fourth quarter. Perry raised a whopping $17 million in the previous quarter after entering the race. Oops.
→ Michele Bachmann raised about $1.7 million in the last three months of 2011.
→ Our Destiny PAC, an independent expenditure organization (Super PAC) devoted to Jon Huntsman raised almost $2.7 million in the fourth quarter. Of that total, almost $1.9 million came from Jon Huntsman, Sr., the candidate's father. Our Destiny listed 18 donors averaging almost $150,000 per person.
→ Gary Johnson, whom nobody talks about, raised $161,000.
→ Tim Pawlenty garnered $338,000 in contributions, despite not even running for president anymore.
More reports are due before tonight's midnight deadline, so stay tuned for information on the Romney, Paul, and Santorum campaigns.