Romney’s campaign, in a report filed to the Federal Election Commission this week, showed $50.4 million cash on hand -- nearly $40 million less than Obama’s reported $88 million. Romney’s joint fundraising operation with the Republican National Committee and other party committees still has a bigger bank account overall. But that advantage –$180 million on hand compared to President Obama’s $120 million, according to The New York Times – is hardly as large as Republicans hoped it would be when the former governor reported hundreds of millions raised this summer. 

Read more!