Cahill’s coffers now a little bit lighter

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State Treasurer Timothy P. Cahill’s decision to spend at least $400,000 on an early summer advertising blitz to boost his lagging candidacy for governor has cost his independent ticket the lead in the money race.

For the first time in the campaign, the Republican tandem of Charles D. Baker and his hand-picked candidate for lieutenant governor, state Senator Richard R. Tisei, has slightly more cash in the bank than Cahill and his running mate, former state representative Paul Loscocco, a Globe analysis of updated reports has found.

By June 30, Baker and Tisei had $2.97 million in their separate accounts, compared with $2.95 million for Cahill, a former Democrat, and Loscocco, a former Republican.

Democratic incumbent Deval Patrick and Lieutenant Governor Timothy P. Murray trail with $2.37 million, but they are the only ticket to increase its cash-on-hand total each month since the start of 2010.

http://www.boston.com/news/local/massachusetts/articles/2010/07/08/cahills_coffers_now_a_little_bit_lighter/