More Money Woes Revealed At Republican National Committee

But Steele has defended his record, releasing his own memo on Nov. 18 that argues the RNC "smashed the record for most money collected in a midterm cycle by any political committee whose party did not control Congress or the White House."

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"The RNC has raised and spent more money in this cycle on behalf of Republican candidates--by far--than any other entity, including both official GOP campaign committees and nominally independent groups that are not bound by the limitations that apply to the RNC regarding amounts or sources of donations, or disclosure of donors," Steele wrote.

"Final totals," he added, "are pending."

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