Patt Morrison for July 10, 2012

Who is really the underdog in the political fundraising race?

President Barack Obama and GOP hopeful Mitt Romney

SAUL LOEB and JEWEL SAMAD /AFP/Getty Images

President Obama and Republican presidential hopeful Mitt Romney.

The Romney campaign has officially released its June fundraising numbers, revealing a total of $106.1 million. One the one hand, the campaign wants to tout that impressive number as evidence that Americans want a change. On the other hand, it also wants to maintain its underdog fundraising image. In a memo released yesterday, the Romney campaign argues that despite the numbers, they remain at a fundraising disadvantage to the President, who they claim began the de facto general election cycle in April with a massive cash advantage of $100 million and that since Mitt Romney became the presumptive nominee, the Obama campaign outspent them by nearly 3 to 1 in television advertising.

The campaign also notes that they are limited to spending only their primary campaign money until after Romney becomes the official nominee at the end of August, while Obama faces no such spending limitations. We check in on the presidential money race.

WEIGH IN:

Do you donate to the candidate or to the cause they represent?

Guest:

Bill Allison, editorial director, the Sunlight Foundation, a nonprofit that tracks campaign contributions and promotes transparency in government


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