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Colbert SuperPAC Raises Just Over $1 Million

In papers filed with the Federal Election Commission, Stephen Colbert’s SuperPAC reported raising $1,023,121.24 as of Jan. 30.

Shauna Polk, the treasurer of Americans for a Better Tomorrow, Tomorrow, wrote in a letter to the FEC, “Stephen Colbert, President of ABTT, has asked that I quote him as saying, ‘Yeah! How you like me now, F.E.C? I’m rolling seven digits deep! I got 99 problems but a non-connected independent-expenditure only committee ain’t one!’

“I would like it noted for the record that I advised Mr. Colbert against including that quote.'”

His SuperPAC also filed a summary of its finances as of the end of 2011. It showed that its contributions were largely small-dollar, although the largest single donor was Aubrey Ayash, president of the Federal Coal Co., who donated $3,000 in August. Other donors included bankers, software developers, a soldier, a prison guard and a physician. California Lt. Gov. Gavin Newsom gave $500, and actor Bradley Whitford gave $250.

A big chunk of the SuperPAC’s $151,521 in expenses went to pay legal fees and for media consulting. Less than $10,000 went to TV advertising in Iowa, where it spent money for ads supporting Rick Parry (with an “A”) before the Iowa Straw Poll in the summer. The SuperPAC recently advertised in the South Carolina primary, but those figures were not included in the year-end report.

The SuperPAC had $673,954 cash on hand at the end of the year.

Colbert said in a statement, released by his SuperPAC, “Colbert Super PAC has brought in a staggering $1,023,121.24, which my accountant explains to me that is a number far above ‘one,’ ‘two,’ ‘five,’ or even ‘many.’ We raised it on my show and used it to materially influence the elections – in full accordance with the law. It’s the way our founding fathers would have wanted it, if they had founded corporations instead of just a country.”

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