"Mitt Romney and the Republicans began October with a $34 million advantage over President Obama and the Democrats..."

"... according to disclosures filed with the Federal Election Commission on Friday and Saturday, as heavy spending by Mr. Obama offset his stronger fund-raising in the past two months."

The "and the Republicans/Democrats" language is important. The Obama campaign, specifically, has much more money than the Romney campaign. The filings show $99 million for Obama and $62 million for Romney. But that doesn't stop the Obama campaign from emailing me today to try to scare me about the other side's "$34 million cash advantage." No mention of Obama's $37 million advantage.

ADDED: The Obama campaign's advantage over the Romney campaign — calculated as a percentage — is far greater than the Republican Party's advantage over the Democrats. The Republicans had $183 million, compared to the Democrats' $149 million. The Republicans began October with 23% more money than the Democrats, but Obama began October with 60% more than Romney.