Money Woes for RNC, Michael Steele

ABC News:
"The Republican National Committee has quietly disclosed more than $4 million in previously unreported debt in amended filings with the Federal Election Commission, meaning yet another headache for embattled party chairman Michael Steele.

In a letter to the FEC Wednesday, RNC official Boyd Rutherford said the unreported money woes 'were discovered during a self-initiated internal review process, which was undertaken in connection with the arrival of a new Chief of Staff and Finance Director.'"