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Obama, Romney campaigns expected to each top $1 billion mark in fundraising

(MCT) — WASHINGTON—President Barack Obama and Republican challenger Mitt Romney each held unique financial advantages headed into the final 19 days of the race after raising money at a furious pace during the first half of October.

Romney’s campaign and affiliated party committees raised $111.8 million between Oct 1. and 17, while Obama’s re-election committee and party allies pulled in $90.5 million, according to campaign finance reports filed Thursday with the Federal Election Commission. The reports are the last required before Election Day.

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