Obama enjoys 10-1 financial edge over Romney

President Barack Obama’s re-election effort enjoyed a 10-to-1 financial edge over Republican rival Mitt Romney last month, out-raising the former Massachusetts governor by millions as Obama stuffed more than $104 million into his campaign war chest.

A nasty primary battle between Romney and his GOP rivals took a financial toll on his presidential campaign, which raised $12.6 million in March and left Romney with about $10 million in the bank by month’s end. All told, Obama and the Democratic Party raised a combined $53 million in donations during that period, while Romney with his party pulled in about half of that.

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