DES MOINES, Iowa -- Republican presidential candidate Mitt Romney and the Republican National Committee combined to raise more than $100 million in June, two GOP officials said Thursday, a striking number for a challenger who for the second straight month outpaced President Barack Obama and the Democrats.
Given the pace of Obama's heavy advertising spending and Romney's focus on husbanding his resources, the imminent Republican nominee's fundraising put him on pace to reach Obama's impressive cash reserves this summer, just as most voters begin tuning in for the fall campaign.
Romney, while enjoying a financial bounty with money raised directly for his campaign and the RNC, was also getting help from super PACs working in his favor.
Taken together, the groups' fundraising strength means that Romney could have a permanent financial advantage over Obama, who could be the first president in history to be outspent by his opponent.
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Obama and Romney have raised more than $350 million combined for the election -- a pace expected to exceed $1 billion by November.