President Obama and Mitt Romney are both on pace to raise more than $1 billion with their parties by Election Day, the New York Times reports.
“From the beginning of 2011 through Oct. 17, Mr. Obama and the Democrats raised about $1.06 billion, and Mr. Romney and the Republicans collected $954 million… The overall totals do not include hundreds of millions of dollars being raised and spent by “super PACs” and other outside groups, mostly to benefit Mr. Romney and other Republicans.”
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