By Fredreka Schouten, USA TODAY
(USA TODAY) - Republican presidential candidate Mitt Romney and the Republican Party collected $101.3 million in July, far outstripping President Obama and the Democratic National Committee.
Obama and his allies raised $75 million last month, the president's team announced today. David Jackson has more in The Oval.
Romney, the RNC and state parties participating in the joint fundraising efforts have $185.9 million in cash reserves at the end of the month, his campaign announced in an early morning e-mail.
"Once again, we see that for many people this is more than a campaign, it is a cause," Romney finance chairman Spencer Zwick and RNC Chairman Reince Priebus said in a joint statement.
The campaign did not disclose how much of Romney's cash reserves are set aside for the general election. That is money he cannot tap until month's end when he is formally nominated at his party's convention in Tampa.
Romney and the Republican Party have now raised more than their Democratic rivals for three straight months, starting with May. Last month's haul is slightly less than the $103.1 million raised in June.
The total announced today by Romney includes money from fundraisers last month in London and Jerusalem.
This election marks the first since 1972 in which neither candidate is accepting public money. As a result, Romney, Obama and their surrogates have maintained a heavy schedule of fundraisers coast-to-coast.
Monday, Obama is slated to collect $2.5 million at two Connecticut events, including one co-hosted by Hollywood luminaries, such as producer Harvey Weinstein, writer Aaron Sorkin and actress Anne Hathaway, the Associated Press reports.