[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/07/21/art.split.gi.jpg caption="Warchests for the presidential candidates have neared $200 million."](CNN) - Sens. John McCain and Barack Obama and the major political parties supporting their presidential bids together have amassed massive campaign warchests totaling almost $200 million, according to campaign finance documents filed this week with the Federal Election Commission.
McCain and the Republicans held a combined cash advantage over Obama and the Democrats, with $105.2 million in the bank as of June 30 compared to $92.1 million.
These figures take into account the available cash totals for the McCain and Obama campaigns, the Republican National Committee, the Democratic National Committee, as well a number of so-called "joint fundraising committees" established by the campaigns in conjunction with the national parties, and in some cases, with various state parties.
When comparing just the two presidential campaigns, Obama still maintains a sizable fundraising and cash lead over McCain. In the month of June, the Obama campaign raised $50.5 million in contributions compared to $16.4 million for the McCain campaign. The Illinois senator ended the month with a hefty $71.7 million in the bank, of which roughly $12 million is set aside for the general election and may not be spent prior to next month's Democratic National Convention. McCain reported a cash total of $26.8 million at the end of June, all of which is available to spend prior to the Republican National Convention in September.
Although his campaign committee trails Obama's in both fundraising and available cash, McCain is greatly aided by the financial strength of the Republican party’s fundraising apparatus. The RNC by itself reported a warchest of $68.7 million, compared to $4.5 million for the DNC.
In addition, McCain and the RNC have created six joint fundraising committees which together reported a total of $9.7 million in cash available to spend on behalf of the Arizona senator's candidacy.
On the Democratic side, Obama and the DNC have two joint fundraising committees with a total of $15.9 million in the bank. A third committee was created earlier this month and did not file a June campaign finance report.
McCain, who has said he would accept public funding for the general election, is also slated to receive approximately $84.1 million in early September to finance his general election campaign. Obama, who already has broken campaign fundraising records, says he will opt out of the public funding program and will finance his general election campaign using private contributions.