While both campaigns previously announced the amount they raised in July and Romney's campaign announced its cash on hand total two weeks ago, Obama's team did not say how much it had in the bank. Reports filed Monday, though, show Obama's campaign and the Democratic National Committee continued to spend more than they brought in in July and saw their cash on hand fall by about $20 million combined.
(The numbers for both men include their campaigns, their respective national party committees and joint victory funds that raise money for both.)
Romney, meanwhile, outraised Obama $101.3 million to $75 million and also spent far less, increasing his cash on hand from $170 million to $185.9 million.
Here's a recap of how the cash on hand battle has changed -- and drastically so -- in recent months: