Obama out-raises Romney for the first time since April

For the first time since April, President Obama's re-election campaign has raised more money than Mitt Romney's in a month. The president raked in $114 million in August, while Romney and the GOP raised $111.6 million.

For the first time since April, President Obama's re-election campaign has raised more money than Mitt Romney's in a month. The president raked in $114 million in August, while Romney and the GOP raised $111.6 million.

Campaign managers have longed used fundraising numbers to demonstrate their candidate's appeal. This morning was no exception, with Obama campaign chief Jim Messina noting that many who contributed were new donors.

He said the fundraising haul was “fueled by contributions from more than 1.1 million Americans donating an average of $58 — more than 317,000 who had never contributed to the campaign before.”

The fundraising bump follows months of doom and gloom messages sent to supporters from the Obama campaign. One stated: “I will be the first president in modern history to be outspent in his re-election campaign, if things continue as they have so far.”

Romney's campaign waved off the notion that the Obama team achieved anything noteworthy last month. “Americans are not better off than they were four years ago, and they are looking for a change of leadership. Mitt Romney and Paul Ryan are offering bold solutions to our country's problems – that is why we are seeing such tremendous support from donors across the country,” Romney finance chair Spencer Zwick and Republican National Committee Chair Reince Priebus said in a statement.

Yet Team Obama said now is not the time to break out the champagne. "No celebrating, because [the Romney campaign is] going to have an even bigger September," Obama's campaign said via Twitter. "But now we know we can match them, doing this our way."

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