• News
  • Celebrities
  • Finance
  • Crypto
  • Travel
  • Entertainment
  • Health
  • Others

Romney PAC Has Highest Burn Rate, But Leads Palin and Pawlenty in Cash

Mitt Romney’s PAC is burning through money — the PAC reported a 78 percent overall burn rate as of Dec. 31 — but he has plenty of cash to spare. Romney’s PAC reported $1,125,375 cash on hand as of Dec. 31, beating out both Sarah Palin’s SarahPAC and Gov. Tim Pawlenty’s (R-Minn.) Freedom First PAC in cash available, according to reports filed with the Federal Election Commission.

Romney has raised a total of $3,565,311 and spent $2,777,912, since he first formed his PAC months after exiting the presidential race in 2008.

Pawlenty only formed his PAC in October 2009, so his totals were expected to be less robust than the those of Palin and Romney (who recently vied for vice president and president, respectively). Pawlenty’s burn rate was just about 31 percent overall and he reported $884,075 on hand. He raised $1,279,906 and spent $395,831 total through Dec. 31.

Since SarahPAC was first formed in Jan. 2009, the committee has raised $2,132,119, spent $1,203,782 and reported $928,337 on hand as of Dec. 31.

While most of SarahPAC’s money was spent on consulting, fundraising and other typical campaign expenditures, the committee reported spending tens of thousands on photographs, books and trinkets in the last half of the year. SarahPAC spent $13,668 on photos, $63,498 on books, $6,455 on t-shirt design and printing and nearly $3,000 on pens and rubber bracelets in the latter six months of 2009. These and other items contributed to SarahPAC’s overall burn rate of 56 percent.

Julissa Treviño contributed research to this post.

Discussion & Comments (0)

    Recent Articles

    • Things You Should Know about North America

      Things You Should Know about North America

      Get to know more about North America.

    • Eurovision 2010 Paula Seling Unpredictable Contest

      Eurovision 2010 Paula Seling Unpredictable Contest

      Paula Seling's experience on the Eurovision stage led her to declare that "Eurovision is an unpredictable contest". Which may explain the success of the young Lena from Germany, about whom the predictions before the event did not offer much chances for victory.

    • VIPRow.me - The Best Sports Streaming Website Today

      VIPRow.me - The Best Sports Streaming Website Today

      Have you ever contemplated creating a user-friendly site dedicated to sports-related free live streaming channels?

    • Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      XNXUBD 2022 Nvidia users are able to watch thousands of videos and other contents online. XNXUBD 2022 Nvidia New is a piece of software that enables people to watch videos online without having to pay for memberships. On a graphics card, the XNXubd also provides some of the best gaming and virtual reality experiences.

    • Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      A new edition of the Video Editor Apk for xVideostudio.Video Studio has all the latest features, including support for multiple video download formats in HD, FHD, and even 4K resolutions.

    • 9 Best Lotion For Masturbation - Popular Choice For 2022

      9 Best Lotion For Masturbation - Popular Choice For 2022

      Masturbation is a common activity for men and women. It's a natural and risk-free way to explore your body, experience pleasure, and release sexual tension.

    • Reasons Why You Need To Stop Watching Movies From Sflix

      Reasons Why You Need To Stop Watching Movies From Sflix

      Without having to sign up or pay anything, you can watch movies online for free with SFlix. It has more than 10,000 movies and television shows.

    • Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Collins (born May 11, 1997) is a rapper from the United States. Leray started publishing songs to SoundCloud in 2014, and in 2018 she released her breakthrough track "Huddy" as well as her first mixtape, Everythingcoz.

    • Listen And Download Music On MyFreeMP3 For Free

      Listen And Download Music On MyFreeMP3 For Free

      Are you in a bind and looking for a place to obtain free mp3 songs? Never again will you need to bother, since this article has everything necessary to obtain your solution. Download free music from MyfreeMP3.com, one of the world's most popular websites.