Mitt Romney Opens Up Big Cash Lead

(Tuesday, August 21st, 2012)

Barack Obama may be the president, but the guy who wants his job has more money in the bank.

Mitt Romney’s campaign operation boasts nearly $186 million in reserve through July, according to campaign estimates and federal filings released Monday.

That’s more than $62 million more than the $124 million Obama’s full operation — his campaign committee, the Democratic National Committee and a joint committee called the Obama Victory Fund — reported through July.

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None of that includes Romney’s massive advantage when it comes to outside political groups such as super PACs and politically active nonprofits.

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