Michael Steele

Michael Steele is sure spending money on some questionable things.

A POLITICO analysis of expenses found that compared with 2005, the last comparable year preceding a midterm election, the committee’s payments for charter flights doubled; the number of sedan contractors tripled, and meal expenses jumped from $306,000 to $599,000.

“Michael Steele is an imperial chairman,” said one longtime Republican fundraiser. “He flies in private aircraft. He drives in private cars. He has private consultants that are paid ridiculous retainers. He fancies himself a presidential candidate and wants all of the trappings and gets them by using other people’s money.” . . .

But disclosure reports document the exodus of prominent donors who have decided to shift their giving to other party committees. In 2005, the RNC raised $46 million from donors who gave more than $250 and $55 million from small donors. In 2009, Steele’s RNC brought in just $24 million — nearly half as much — from big donors and $58 million from small donors.

When Steele took over the chairmanship last winter, he inherited a $23 million surplus. Since then, the former Maryland lieutenant governor has raised $10 million less than the party collected in 2005 and has spent $10 million more. By the end of 2009, the committee’s surplus had shrunk to $8.4 million, according to campaign finance reports.

Just last week, RNC officials touted a January fundraising haul of more than $10 million. But after hosting the sun-filled winter meeting in Hawaii, paying for the holiday party and taking care of other bills, the committee spent almost all of it. Consequently, the RNC added only $1 million to the committee’s $8.4 million in cash, the reports show. . . . .