Mitt Romney, Republican party raise more than $101m in July

WASHINGTON // Mitt Romney and the Republican National Committee say their political money-raising machine brought in more than $101 million last month as the presidential challenger continued posting strong results.

President Barack Obama's fundraising totals for July were not yet available, but Romney brought in more cash than Obama during both May and June.

Romney's presidential campaign says in a statement issued Monday that Romney, the national committee and state Republican parties have nearly $186 million in cash on hand.

Republican-aligned independent political action committees also are raising and spending millions of dollars to defeat Obama in the November election.