The SarahPAC, political action committee, raised $1.7 million on her "One Nation" bus tour covering the northeastern states earlier this year, and spent nearly all of it.
As a PAC, with Palin not officially in the race, the SarahPAC can raise as much money as they want and spend it however they want until she becomes a candidate. But with a mere $1.3 million in cash on hand, she has virtually nothing to start her presidential campaign. The PAC spent money on things like giving money to her parent for writing thank you cards, $3,600. And to wrap the bus it cost over $13,000 plus $11,000 f