Monday, August 20, 2012

Romney Grows Cash Advantage on Obama

Romney is raising more and spending less, and for all the money Obama is spending he does not seem to be moving the needle. We will have to wait until after the convention, when Romney is allowed to spend the money from the general election fund, to see if the Romney Death Star still has some kick.

"Mitt Romney extended his cash edge over President Obama in July and entered the final three-plus months of the campaign with about 50 percent more in the bank than the incumbent president.

Romney led Obama in cash on hand at the end of July $185.9 million to $123.7 million, according to numbers released by the Romney campaign and filed with the FEC by Obama’s campaign.
Romney, meanwhile, outraised Obama $101.3 million to $75 million and also spent far less, increasing his cash on hand from $170 million to $185.9 million.

Head to the source for a graph.

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