Dems Scramble to Combat GOP Financial Edge

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Democratic Party leaders are scrambling to close a widening Republican financial advantage, according to the Washington Post.

Chicago Mayor Rahm Emanuel quit his honorary position with Obama's campaign to help raise money for a pro-Obama SuperPac.

Other Obama aides are also meeting with wealthy donors behind the scenes at the Democratic convention.

Romney officials say they raised $100 million during the Republican National Convention.

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