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Posted at 12:05 p.m. on July 11, 2013
After converting her leftover campaign funds into a PAC to support centrists and consensus builders, a former senator reports receiving almost no contributions this year.
Former Sen. Olympia Snowe, R-Maine, reported her PAC, Olympia’s List, had only $480 in receipts during the first six months of 2013. The committee started the year with $530,243. During the last six months it has spent $151,606 and now has $379,116 cash on hand. With almost no receipts the PAC may be simply a way to spend leftover funds rather than generate funds for an ongoing organization.
During the quarter the PAC spent its most money on consultants. It paid Sharon Miller $20,000 for media and political consulting; Lucas Caron $20,000 for operations and website consulting; and John Richter $9,000 for consulting on web content creation and speech writing. The PAC spent $10,200 on bookkeeping and compliance; $9,823 on historic research and archiving; and $9,000 on database software and maintenance.
The PAC gave out $10,000 to the campaign committee of Sen. Susan Collins, R-Maine.
Olympia’s List states it recognizes and supports elected officials and candidates who demonstrate their commitment to solving our nation’s problems. Their website lists members of Congress who are closest to the ideological center of the Senate and the House.
To search detailed money-in-politics databases, visit Political MoneyLine.