NEW YORK -- Stephen Colbert's sway in the presidential election might be a joke, but he's got some real financial muscle.
The comedian disclosed Tuesday that his Americans for a Better Tomorrow "super" political action committee has raised a staggering $1.02 million. PACs were required to submit their financial reports to the Federal Election Commission on Tuesday.
In a letter to the commission, Colbert was quoted as saying, "How you like me now, FEC?"
"I'm rolling seven digits deep!" Colbert said. "I got 99 problems but a non-connected independent-expenditure only committee ain't one!"
Colbert raised the money by asking for donations from viewers of "The Colbert Report." He has used the PAC to highlight what he considers the absurdity of campaign finance law and, in particular, the 2010 Supreme Court ruling that allows corporations and unions to raise limitless money to run campaign ads.
When Colbert earlier flirted with running for president, he legally transferred control of his PAC to Jon Stewart of "The Daily Show." On Monday's "The Colbert Report," he elaborately hunted down Stewart to regain his PAC presidency.
Colbert said Tuesday that the PAC is considering yet another name change to: John Colbert Cougar Super MellenPAC.
Obama releases list of top money 'bundlers'
WASHINGTON -- President Barack Obama's re-election campaign has released the list of its top fundraisers, including 61 who each raised at least half a million dollars.
Among them are embattled former New Jersey Gov. Jon Corzine. The campaign returned Corzine's individual contributions last year following questions about the collapse of MF Global, the financial firm Corzine ran. Obama's campaign and the Democratic National Committee returned $70,000 in contributions from Corzine and his wife.
California figures most prominently on Obama's roster of big money "bundlers." Sixteen are from California, and 13 are from New York. Other top fundraisers include movie producers Jeffrey Katzenberg and Harvey Weinstein.
Santorum has $1.1M in bank for GOP campaign
LONE TREE, Colo. -- Aides to Rick Santorum said his campaign raised $4.2 million in January and has $1.1 million in the bank.
They said the Republican presidential candidate benefited from a surge in fundraising after he was declared the winner of the leadoff nominating contest, Iowa's caucuses. He campaigned on a shoestring in Iowa and didn't spend a lot of money on ads in New Hampshire, South Carolina or Florida.
Florida's primary is Tuesday but Santorum has largely conceded the state to better-financed rivals Newt Gingrich and Mitt Romney. Instead, he was campaigning in Colorado and Nevada, where the next contests will be held.