SarahPAC spent $409,000 in the quarter and finished with $919,000 in the bank, said its treasurer, Tim Crawford.Although Gov. Palin didn't raise as much cash as Tim Pawlenty ($550,000) and Mitt Romney (1.45 million) in the first three months of the year, the Politco report explains:
Crawford said the PAC spent $9,500 on donations to candidates and also spent a considerable amount of money on a direct mail fundraising program sent out towards the end of March.
“We had a large chunk of upfront costs [on the direct mail program] that we had not realized any benefits from” by the end of the reporting period, explained Crawford, who said that in the subsequent two weeks the PAC has more than recouped its costs from the mailer.
Unlike Pawlenty and Romney, Palin has done very little to add to her campaign fund. Instead, she has focused on giving paid speeches and working out television deals with Fox News and the Discovery Channel, as well as stumping for candidates she supports.The rest of the field of potential GOP presidential candidates have yet to file their reports. Some don't have to file until the end of June.