Mitt Romney raises $14M, placing him ahead of opponents

GOP presidential candidate Mitt Romney raised more than $14 million in the third quarter, bringing his fundraising total to $32 million, reports the Washington Post.

The former governor of Massachusetts has only raised primary money, and has not yet personally contributed to the campaign, the Post adds. The numbers are below what he had raised by this time in 2008 – $35 million – but in the last race, Romney had loaned himself $8.8 million of his own funds, reports the Boston Globe.

The Globe adds that Romney's campaign has reported having $14.65 million in cash on hand, which is slightly less than the $15 million Governor Perry's campaign is reporting.

The Los Angeles Times reports that the campaign received donations from 56,000 people, 83 percent of whom gave donations of $250 or less. In an e-mail to supporters on Wednesday, President Obama's campaign manager Jim Messina announced that more than 606,027 people had donated to Obama for America in the third quarter.

President Barack Obama's re-election campaign raised $70 million in its third quarter, falling short of the campaign's goal but outpacing GOP rivals, the Los Angeles Times reports in a separate article.

Obama for America raised more than $42 million for his re-election campaign, while raising another $27.3 million for the Democratic National Committee, bringing the total to $70 million, according to the Economic Times. This brings the campaign's grand total to $89 million, reports Business Week.

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