Stephen Colbert Raised More Money Than Sarah Palin

And his PAC is just a joke.

JASON REED / Reuters

Actor and television host Stephen Colbert throws a hat into the crowd which belonged to former Republican Presidential candidate Herman Cain during a rally at the College of Charleston, South Carolina, January 20, 2012. The South Carolina Primary will be held on January 21.

POLITICO's Ken Vogel reports that Colbert's Americans for a Better Tomorrow, Tomorrow says it's broken $1 million in fundraising.

“Stephen Colbert, President of ABTT, has asked that I quote him 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!’” says his lawyer in a statement. “I would like it noted for the record that I advised Mr. Colbert against including that quote.”