Romney leads in cash on hand by $62M

When the Romney campaign announced its July fundraising haul of $101.3 million, it also put out this impressive cash-on-hand figure for the campaign, the RNC and their joint fundraising account: $185.9 million.

The Obama campaign shared its full fundraising information this afternoon and came up with this combined cash-on-hand figure: $123.7 million.

That puts Obama at an imposing disadvantage, especially for an incumbent president, and underscores (as if it needed underscoring) the pressure on Democratic donors to ante up for the final months of the race.

(Also on POLITICO: On the trail, Romney relies on Ryan)