Obama Outspends Romney by $30 Million in June

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By CNN Political Unit

(CNN) — Documents filed with the Federal Election Commission Friday show President Barack Obama’s presidential campaign raised $46 million in June and spent $58 million.

Meanwhile, his Republican challenger Mitt Romney brought in $33 million through his campaign, and spent $27.5 million. The Republican candidate’s spending last month was nearly doubled from in May, when his campaign spent just over $15 million.

The filings from Friday indicated that the Romney campaign finished June with $22.5 million cash on hand, while Obama’s campaign had $97.5 million in the bank.

Earlier this month both organizations released their joint fund-raising numbers with their respective party committees. Those figures showed the Republicans bringing in approximately $100 million, compared to the $71 million raised by Obama and the Democrats.

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