President Obama narrowly raised more funds than Republican presidential nominee Mitt Romney on the campaign trail last month, breaking a three-month streak of greater fundraising totals by the GOP candidate.
The Obama campaign collected $114 million in contributions last month, according to a statement released Monday morning, edging out the $111 million collected by the Romney campaign.
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This marked the first time this election cycle that Mr. Obama and Democrats have broken the $100 million, while Mr. Romney and Republicans have done so in each of the past three months.
The Republican presidential nominee raised $101 million in July compared with Mr. Obama’s $75 million. He also beat the president $106 million to $71 million in June, and $77 million to $60 million in May.
The Obama campaign reported Monday that it received money from 1.1 million new donors in August and that 98 percent of its donations were for $250 or less. The Romney campaign said 94 percent of its donations were for $250 or less.
The Romney campaign also said it has $168.5 million on hand, while the Obama campaign did not release its on-hand total.
