Election-driven news and views . . . by Jim Geraghty.
Look Closely at the Cash-on-Hand Numbers . . .
Two quick questions.
Doesn’t this . . .
President Barack Obama has more than $88 million available to spend for the presidential campaign’s final stretch, giving him a sizable cash-on-hand advantage over Mitt Romney. . . . Romney has $50.4 million available to him at this point in the campaign.
. . . seem less important when you know this?
The RNC, which has consistently been crushing the Democratic National Committee in fundraising, reported having $75.6 million at the end of August. The DNC ended the month with $7.1 million.
Romney cash on hand + RNC cash on hand = $126 million.
Obama cash on hand + DNC cash on hand = $95 million.
And while I’m sure the chairman and his gang would be the first to say we should hold the applause until after November, isn’t the performance of Reince Priebus and his team at the RNC pretty stunning, considering the state of the committee when former chairman Michael Steele left it in early 2011?
UPDATE: My math is based upon the media accounts cited above; the RNC has other, higher numbers they’re distributing this morning: