Sarah Palin PAC still flush with cash

Introduction

Former Republican vice presidential candidate Sarah Palin may have just lost her gig — and enviable paycheck — as a Fox News contributor.

But Sarah PAC, the political action committee Palin runs, remains flush with cash, with a little more than $1.15 million in cash on hand through December, new reports filed today with the Federal Election Commission indicate.

That figure is slightly smaller than the number Palin reported in early December, as the PAC’s expenses ($67,807) exceeded its income ($20,790) late in 2012, according to the report.

Consulting and speechwriting fees account for much of Sarah PAC’s spending from late November through the end of December.

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, even if its namesake’s public persona has absorbed a setback.

During calendar year 2012, Sarah PAC took in nearly $2.6 million in contributions, its reporting shows.