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Joe Miller's leftover money resurfaces

Joe Miller's new federal campaign committee -- Citizens for Joe Miller -- is flush with more than $435,000, according to a July quarterly filing with the Federal Election Commission. The committee was formed in early June after Miller nixed his previous campaign committee, Joe Miller for U.S. Senate.

The source of the nearly half-million dollars was Miller's old committee. Funds left over after the old committee paid all of its debts were transferred to the new committee.

But, the new committee has yet to declare what candidate it will work on behalf of. Citizens for Joe Miller is listed as a primary campaign committee, but because it has not raised or spent more than $5,000 on a candidate or campaign, it has argued it is not required to name its beneficiary.

Miller, who is working on building a his former campaign website into a conservative-minded online news outlet, won't say what his future political aspirations may be. He's keeping his options open, according to a spokesperson.

There is speculation Miller may be eying a run against U.S. Sen. Mark Begich in 2014. If he does, financially he's not too far behind Alaska's junior Senator. With a campaign account currently at $529,000, Begich has about $100,000 more than Miller.

But as demonstrated by his previous race against write-in candidate U.S. Sen. Lisa Murkowski and Democratic challenger Scott McAdams, Miller has the ability to raise a good deal of money in a short period of time, and Alaskans have shown a willingness to shovel money into high-stakes, contentious elections.