(S (S (BASENP (NNP Bayh)) (VP (VP (VBZ has) (VP (VBN formed) (NP (BASENP (DT a) (JJ political) (NN action) (NN committee)) (PRN (LRB -LRB-) (BASENP (NNP PAC)) (RRB -RRB-))))) (CC and) (VP (ADVP (RB already)) (VP (VBZ is) (NP (BASENP (DT a) (JJ leading) (NN money-raiser)) (PP (IN among) (BASENP (JJ Democratic) (NN party) (NNS hopefuls)))))))) (PERIOD .))