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Obama Squeaks Out Aug. Fundraising Win Over Romney

As Democrats and Republicans gear up for the final stretch of their closely contested race for the White House, President Barack Obama squeaked out a fundraising victory over Mitt Romney.

Obama raised more than $114 million in August, while Romney brought in just over $111 million. It's the first time in four months the Democrats have outraised the GOP. And it's a sharp increase for Obama, who raised $75 million in July.

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

Romney is holding a campaign rally Monday in Mansfield, Ohio. Obama is scheduled to be at the White House.


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