Obama campaign chief operating officer Ann-Marie Habershaw sends out a fundraising letter today centered on this fact:
Good news first: June was our best fundraising month yet. We exceeded expectations — more than 706,000 people stepped up and pitched in for a grand total of $71 million raised for this campaign and the Democratic Party.
Bad news? We still got beat. Handily. Romney and the RNC pulled in a whopping $106 million.
So, to recap: We had our best fundraising month yet, and we still fell about $35 million short. We can win while being outspent — but we need to keep it close.