Election 2012: Obama campaign fundraising edges out Romney in August

Obama reversed a three-month trend at the time he needs it most, having spent heavily over the summer on advertising in an attempt to hold Romney at bay. Both candidates are claiming momentum coming out of their national conventions over the past two weeks.

Despite Obama’s advantage in August, it’s the third straight month Romney has raised more than US$100 million, and the figure represents his best one-month fundraising total. And Romney has socked away more cash for the general election campaign.

Copyright 2012 The Associated Press.

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