Marco Rubio's presidential campaign was on the upswing and Jeb Bush's on the downswing, and that reality was reflected Sunday when campaigns reported their quarterly fundraising.
Rubio raised nearly $14.2 million in the last three months of the year, about twice the $7.1 million reported by Bush. That's Rubio's biggest haul for that period yet, but he also spent more than before -- about $14.8 million -- largely on television ads to counter spots against him from several of his rivals, including Bush.
"Today, the Marco Rubio for President campaign announced the campaign's strongest fundraising quarter yet, doubling what was raised in the previous quarter," his campaign said in a statement.
The Rubio campaign reported nearly $10.4 million cash on hand but didn't specify how much of that can be spent in the primary. By not breaking down the number the previous quarter, it appeared Rubio had more cash than Bush, when he really didn't.
Bush's campaign reported nearly $8 million cash on hand as of Dec. 31.
"Jeb continues to be encouraged and grateful for the tremendous support and enthusiasm his candidacy has generated since he launched his campaign," spokeswoman Allie Brandenburger said in a statement Sunday. "We are confident our campaign will have the resources needed to get Jeb's conservative record, message and vision for the future out to voters across the country."