Republican Palin reports low 2011 fundraising

Reuters News
Posted: Jul 14, 2011 4:59 PM
Republican Palin reports low 2011 fundraising

WASHINGTON (Reuters) - Republican Sarah Palin's primary fundraising committee raised a paltry $1.6 million in the first half of the year, according to a regulatory filing, in a sign that she is not attracting big funds for a presidential run.

The former Alaska governor is not a candidate for the Republican nomination for the 2012 presidential election, but has flirted with the idea of jumping into the race. She has said she will decide within months.

The money, raised by Palin's political action committee SarahPAC, is small in comparison to the $18.25 million that Republican front-runner Mitt Romney's presidential committee raised in the second quarter alone.

Several other contenders to take on Democratic President Barack Obama next year have raised more than $4 million in the quarter. But Palin would not need large amounts of money at the start of a presidential run as she is already well-known and does not need to spend to build name recognition.

The appeal of Palin, the 2008 Republican vice presidential candidate, may be usurped by Representative Michele Bachmann, another star of the conservative Tea Party movement who appeals to some of the same anti-Republican establishment voters.