Romney raises $14.2M, trails Perry in cash (Politico)

Mitt Romney's campaign just announced its third-quarter fundraising number: $14.2 million, which is about what early reports had indicated.

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That's a solid quarter, but the number that stands out is the $14.7 million Romney reportedly?had in the bank at the end of September. That's less than the $15 million Rick Perry's campaign says it will report having in reserve.

The difference is small and could be really minimal, depending on how the two campaigns are rounding.?But it's still notable given that Romney had a four-month head start.

Romney's burn rate has also increased since last quarter. In the second fundraising period of the year, Romney spent only 32 percent of the money he raised and finished with $12.7 million on hand. Over the last three months, he's spent 46 percent of the cash at his disposal.

With the establishment now more strongly in Romney's corner, Perry struggling to regain traction in the race and a substantial personal fortune at his disposal, Romney's not going to lose this nomination for lack of cash. He hasn't locked it down with overwhelming financial power, either.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//us.rd.yahoo.com/dailynews/external/politico_rss/rss_politico_mostpop/http___www_politico_com_news_stories1011_65962_html/43257033/SIG=11mvcuclu/*http%3A//www.politico.com/news/stories/1011/65962.html

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