Romney Has $10M in Bank for General Election

Associated Press + More

By STEVE PEOPLES, Associated Press

WASHINGTON (AP) — Republican presidential candidate Mitt Romney has $10 million in the bank as he shifts toward a general election matchup against President Barack Obama.

Romney's campaign released its March fundraising totals Friday. The numbers show that the presumptive GOP presidential nominee raised far more money than his GOP rivals, but Obama enjoys a huge cash advantage.

Romney says he raised $12.6 million last month, and ended the month with $10.1 million in his campaign account.

[Read: Why Rick Santorum Isn't Endorsing Romney.]

Working with the Democratic National Committee, Obama raised $52 million in March and reported $85 million on hand.

Romney's campaign has expressed confidence that it can help make up the gap. He recently began coordinating with the Republican National Committee to raise money.

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