Monday, August 6, 2012

Romney, RNC raise $101 million in July


The Hill's Meghashyam Mali reports on the big number.

Mitt Romney’s campaign announced Monday that they had raised $101.3 million dollars in July.

The fundraising haul, from joint efforts between Team Romney and the Republican National Committee (RNC), marks the second straight month that they have passed the $100 million mark and is likely to intensify concerns among President Obama’s reelection team that they will be outpaced by the GOP’s fundraising push.

The July efforts leave the Romney campaign in strong shape with three months left until Election Day. The campaign, RNC and state party groups have $185.9 million cash on hand, said a statement touting the war chest.

The DNC and Obama's campaign hasn't released its total yet, but in June, the two were over $30 million short of Romney's number, and are expected to trail him in July, once again.