Palin forms PAC

WASHINGTON, Jan. 27 (UPI) -- Alaska Gov. Sarah Palin has formed Sarahpac, a political action committee to raise and donate money to candidates for political office.

According to its Web site, sarahpac.com, the PAC is "dedicated to building America's future, supporting fresh ideas and candidates who share our vision for reform and innovation."

The Web site features a photo of the governor, who was the Republican nominee for vice president last year, with a scene of Alaska's mountains as a backdrop.

"Our country, founded on conservative principles and the fight for freedom, must confront the challenges of the 21st century with integrity, innovation, and determination," the site pronounces. "SarahPAC believes energy independence is a cornerstone of the economic security and progress that every American family wants and deserves."

It goes on to say that SarahPAC's No. 1 priority is "building a strong and prosperous economy that recognizes hard work, innovation and integrity by rewarding small businesses and hard-working American families." Other key goals are healthcare, education and government reform and "believes the Republican Party is at the threshold of an historic renaissance that will build a better future for all."

According to the Web site, the Alaska governor is the chairwoman of the federally registered PAC. It lists an Arlington, Va., Post Office box and a Washington phone number, and touts support from "Republicans, Democrats, independents and those unaffiliated with any political party."