From the NewsMax.com Staff

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Sen. George Allen Has Huge Cash Advantage

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Federal campaign reports show incumbent Republican Senator George Allen has a huge money advantage over Jim Webb, his Democratic challenger in this year's race.

From April through June, Allen's campaign took in $1.8 million dollars and had $6.6 million dollars on hand to start July.

Webb started the month with more than $424,000 on hand, according to documents filed with the Federal Election Commission.

Because he faced a primary election June 13, Webb's latest report reflects only fundraising from May 25 through June 30. During that period he raised about $587,000 dollars.

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The former governor remains the early favorite, even though he faces a determined former Republican in Webb. He is a decorated Vietnam veteran and served as President Reagan's Navy secretary.

Allen is seeking a second term even as he plots a possible presidential run in 2008.

© 2006 Associated Press.

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