...the money. From an article in today's Washington Post (my emphasis):
The six GOP presidential candidates who have announced results raised a combined $35 million through June 30, including about $18 million by presumed front-runner Mitt Romney. In 2007, Republican candidates had raised more than $118 million by the same stage of the race, according to a new analysis from the Center for Responsive Politics.
The sluggish pace poses a serious complication in Republican efforts to unseat Obama, and suggests GOP donors simply might be less enthusiastic than their Democratic rivals. The Obama campaign, which has not disclosed numbers yet, is expected to report raising at least $60 million — and perhaps as much as $80 million — in conjunction with the national party.
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