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Sat Oct 20, 2012, 07:31 PM

Scratching your head about "how can this race be so close?" [View all]

http://thecaucus.blogs.nytimes.com/2012/10/20/cash-advantage-for-romney-as-campaign-enters-final-weeks/?hp

NYT
Cash Advantage for Romney as Campaigns Enter Final Weeks
By NICHOLAS CONFESSORE, JO CRAVEN MCGINTY and DEREK WILLIS

Mitt Romney and the Republicans entered October with a cash advantage of $34 million over President Obama and the Democrats, according to disclosures filed with the Federal Election Commission on Friday, as heavy spending by Mr. Obama offset his stronger fund-raising during the past two months.

Mr. Romney, the Republican National Committee and their joint fund-raising committee ended September with $183 million in cash on hand, compared to $149 million for Mr. Obama, the Democratic National Committee and their joint fund-raising effort, giving the Republicans a significant cash advantage just as the race began to swing in Mr. Romney’s favor in early October.

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Despite an increase in giving to the leading Democratic super PACs, including Priorities USA Action, founded by former Obama aides, overall outside spending continues to benefit Republicans more than Democrats. Conservative groups have spent $463 million, more than twice as much as the $194 million spent by Democratic groups.

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