(CNN) - New York Governor David Paterson was outraised by a two to one margin by a state Attorney General Andrew Cuomo, a possible challenger in next year's Democratic Party primary.
Paterson's campaign announced Wednesday that the governor raised $2.3 million in campaign cash in the period ending June 30.
"Gov. Paterson spent perhaps two months out of six engaging in fundraising," says Paterson spokesperson Tracy Sefl, who adds that the budget process and the stalemate in the New York State Senate kept the governor tied to Albany, forcing him to cancel a number of fundraisers.
A spokesperson for Cuomo reports that the attorney general's campaign brought in more than $5 million the first six months of this year and has more than $10 million in the bank.
Recent polls of New York State voters suggest that Paterson would lose to Cuomo by a margin of more than two to one if the hypothetical primary were held today.
Cuomo, the son of former three-term governor Mario Cuomo, has not indicated if he will run for governor next year. The attorney general has drawn national attention this year for his investigations into Wall Street bonuses handed out by companies who received taxpayer-funded bailouts. Paterson was elected New York's lieutenant governor in 2006, and took over when Eliot Spitzer stepped down last year.