Obama Outraises Romney $9 Million as Conventions Approach

Source: Business Week

President Barack Obama raised almost $9 million more last month than presumptive Republican presidential nominee Mitt Romney, and entered the final month of the pre-convention campaign with almost triple the cash in the bank.

In the final measurement of the race for campaign cash before the national party conventions, Obama brought in $49.2 million to $40.3 million for Romney, according to Federal Election Commission disclosure reports filed today.

Obama entered August with $87.7 million in his campaign bank account while Romney reported $30.2 million. He has raised about twice as much as Romney in total, $356.5 million to $197 million.

The Republican convention begins Aug. 27 in Tampa, Florida, and the Democratic convention is the following week in Charlotte, North Carolina.


Read more: http://www.businessweek.com/news/2012-08-20/romney-raised-40-million-last-month-for-presidential-run

---

Of course, this just includes the candidates' campaign committees and does not include Romney's huge advantage in billionaire SuperPAC money as well as RNC money.