Stephen Colbert's Satirical Super PAC Raises Over $1M

Americans for a Better Tomorrow, Tomorrow discloses serious bankroll

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Stephen Colbert isn't running for president of the United States of South Carolina anymore, but it's becoming apparent that he will be using more than just his satire to influence the upcoming presidential election.

[See a collection of political cartoons on Super PACs.]

At 12:01 a.m. on Tuesday, Colbert's super PAC filed $1,023,121.24 in donations with the Federal Election Commission. Tuesday is the deadline for all super PACs to file annual reports of their donors.

The PAC, previously known as "The Definitely Not Coordinating With Stephen Colbert Super PAC" but officially named "Americans for a Better Tomorrow, Tomorrow," has been active since June 2011, and it has sponsored some notable ads, including one that asked Iowans to write in "Rick Parry" in the Ames Straw Poll and another arguing that Mitt Romney is a serial killer. Recently, the super PAC ran ads in South Carolina asking voters to support Herman Cain, who suspended his presidential campaign on December 3.

On the first page of the document filed with the FEC, Colbert is quoted 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!"

The 146-page disclosure lists notable donors including Bradley Whitford of West Wing fame, California's lieutenant governor, Gavin Newsom, and Sticky Fingers Band, a Rolling Stones tribute group, among others.

[U.S. News Debate Club: Are Super PACs Harming U.S. Politics?]

Last night on The Colbert Report, Colbert also highlighted other donors with suspicious identities and conspicuous names that become obscene phrases when pronounced.

Along with his Comedy Central colleague Jon Stewart, Colbert has been using his super PAC to expose what he understands to be absurdities in campaign finance laws regarding super PACs. According to the Center for Responsive Politics, such groups have spent $55,489,383 to run ads, make phone calls, and distribute literature to influence voters during the current election cycle.

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