In an email to supporters, the Obama campaign announced that they've been beat:
Well, I've got some good news and some bad news.
Good news first: June was our best fundraising month yet. We exceeded expectations -- more than 706,000 people like you stepped up and pitched in for a grand total of $71 million raised for this campaign and the Democratic Party.
Bravo. That's seriously impressive.
Bad news? We still got beat. Handily. Romney and the RNC pulled in a whopping $106 million.
Earlier today the Romney campaign announced its $106 million haul, split with the Romney Victory joint fundraising committee. The campaign announced that they received more than 500,000 donations — their best month of the year — and that they now have $160 million cash on hand.
In May, the Romney effort outraised Obama by nearly $17 million.