President Obama's campaign raised $75 million in July, it tweeted—some $25 million short of Mitt Romney's haul. That's the third straight month in which Romney has outraised Obama, and Politico notes that Romney could stop fundraising completely and still have $60 million in monthly spending money until the election. The Obama campaign said 201,000 first-time donors (who hadn't contributed in 2008, either) donated last month, and that 98% of donations were "$250 or less." The average donation: $53.49, the campaign tweeted. (More President Obama stories.)