In it, but not of it. TPM DC

Top Steele Aide Quits, Blasts RNC's Leadership

F1zw7ceyfcfyf3yajj8s
Newscom

"In the previous two non-presidential cycles, the RNC carried over $4.8 million and $3.1 million respectively in cash reserve balances into the presidential cycles," Collins wrote. "In stark contrast, we enter the 2012 presidential cycle with 100% of the RNC's $15 million in lines of credit tapped out, and unpaid bills likely to add millions to that debt."

The RNC's cash troubles, according to the letter, resulted in the committee's failure to run independent expenditure ads for Senate and gubernatorial candidates and crippled its GOTV operation.

Steele is facing open opposition from within the ranks of the Republican Party and one official challenger for his seat from a former competitor.

Update: Read the full resignation letter here.

About The Author

Ivcd1zuomgpknmdsebhc

Brian Beutler is TPM's senior congressional reporter. Since 2009, he's led coverage of health care reform, Wall Street reform, taxes, the GOP budget, the government shutdown fight and the debt limit fight. He can be reached at brian@talkingpointsmemo.com