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Obama campaign funds nearly double Romney's

Obama campaign funds nearly double Romney's

POSTED: Monday, May 21, 2012 - 3:15pm

UPDATED: Monday, May 21, 2012 - 3:19pm

President Obama and his allies hold about a 2 to 1 advantage over Mitt Romney and his allies in available cash, according to the latest totals filed with the Federal Election Commission.

As of April 30, President Obama's forces held about a combined $144 million in cash on hand.

Meantime, Romney and his contributors had about $77.5 million in the bank at the end of April.

The Obama forces outraised Romney and his allies by about $12 million in the month of April.

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