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Stephen Colbert Approved to Form "Super-PAC" By Federal Election Commission

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Jun. 30 2011, Published 11:54 a.m. ET

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Stephen Colbert's "Super-PAC," or political action committee, has been approved by the Federal Election Commission to not only be formed, but also be promoted on his show The Colbert Report.

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As part of a skit on his show, Stephen mocked the Supreme Court decision Citizens United v F.E.C. that allowed campaigns to have unlimited amounts of corporate donations by trying to form a political action committee.

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But then the skit became real.

According to The New York Times, the Federal Election Commission ruled that Stephen can promote the Colbert Super-PAC on his show without Viacom having disclosure rules.

But Stephen is only allowed to promote the Super-PAC on his show and not other networks.

“There will be others who say, ‘Stephen Colbert, what will you do with the unrestricted Super-PAC money?’ ” Stephen told reporters after the hearing. “To which I say, I don’t know. Give it to me and let’s find out.”

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