Michael Steele faces new criticisms of financial mismanagement

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Republicans are spending freely on their 2012 national convention in Tampa, burning through money at a pace that has alarmed some veterans of past conventions and causing more potential problems for Republican National Committee Chairman Michael S. Steele.

Spending through September topped $636,800, according to figures in a report to the Federal Election Commission. That is 18 times the amount spent in a comparable period four years ago.

At a time when Steele and the RNC have come under fire for what critics call financial mismanagement, the convention spending has raised questions about oversight and financial controls inside the committee.

“I can’t imagine what you’d spend $636,000 on at this point,” said David Norcross, a former national committeeman from New Jersey. In 2004, Norcross chaired the RNC’s Committee on Arrangements, which oversees national conventions. “Is it possible that it’s early spending that would have to take place anyway? It’s possible, but I can’t imagine what it would be.”

Full story: RNC convention spending alarms party veterans