Stephen Colbert’s political action committee has enough cash to play jokes and pull pranks through the presidential campaign, but for now the comedian is mum on how he plans to spend that money.
Colbert’s Super PAC, Americans for A Better Tomorrow, Tomorrow has $794,000 cash-on-hand sitting untouched in its coffers, according to March documents filed with the Federal Election Commission, making it wealthier than some PAC’s intended to back (legitimate!) presidential candidates
The PAC raised just $44,000 in March, but spent only $28,000, mostly on Internet bills and legal fees. Though the March haul is paltry, the committee is sitting on a significant sum.
By contrast, as Politico first reported, Endorse Liberty, a PAC dedicated to supporting Ron Paul’s candidacy has just $54,000 in the bank.
Endorse Liberty, initially bankrolled with a $1.7 million donation from PayPal founder Peter Thiel, raised just $13,000 in March.