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WASHINGTON—Republican presidential candidate Mitt Romney raised $24 million during the last three months of 2011, bringing in more cash than his fellow GOP contenders by far.

The fundraising haul leaves Romney with nearly $20 million cash-on-hand, allowing the former Massachusetts governor to press on his national campaign to seek the GOP nomination.

Federal Election Commission filings released late Tuesday show Romney raised about $56.7 million in all of 2011.

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