The Hill News

Senior Obama adviser David Axelrod said that he did not believe Herman Cain, the insurgent Republican presidential candidate who has shot to the top of the national polls, would be a top-tier threat in the 2012 election.

“I think, when you look at the resources and when you look at the standing, that [Rick] Perry and [Mitt] Romney are likely to be duking it out at some point here,” Axelrod said on MSNBC.

Cain and Romney were tied with 29 percent of Republican support in a Rasmussen poll released Wednesday, with Perry trailing substantially. But financial disclosures released over the weekend show Perry and Romney each with around $15 million in the bank, while Cain trailed with $1.3 million.

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