Election 2012

Romney With $45 Million Edge Entering Last Fortnight of Race

Fundraising has exceed $2 billion for this cycle

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Republican Mitt Romney and allied party committees entered the election homestretch with a $45 million cash advantage over President Obama and the Democratic Party, new campaign reports show.

Romney, the Republican National Committee and a joint fundraising organization out-raised the president's fundraising operation by $21 million during the first 17 days of October and ended the period with $169.1 million available cash in the bank. Obama and Democrats, by contrast, had nearly $124 million in cash reserves as both campaigns move into a frenzy of round-the-clock stumping, non-stop attack ads and get-out-the-vote efforts.