Today I have a different view, although I can't tell you to what end....
If true, he can just apologize profusely, and claim he simply "made a mistake," and will never do it again.
Good bye to the culture of "what is... ...is"; welcome to the culture of "I made a mistake."
Not exactly a left wing source reports this:
“Steele boasts that his chairmanship of GOPAC qualifies him to run the RNC. He cites GOPACs work to elect Republicans as good preparation. So how did GOPAC fare under Steeles leadership? During the 2008 cycle, GOPAC gave 11 candidates seeking U.S. House seats nearly $20,000. Six won and five lost. (See my update, The Tale of Two GOPACs.)
Among GOPACs expenditures in 2008 was $5,000 to Steele for Maryland, even though Steele wasnt on the ballot. The money probably went to pay off Steeles 2006 campaign debt. It also happened to be the third largest expenditure for GOPAC, raising questions about the organizations priorities under his leadership.”
http://www.redstate.com/bluey/2009/01/04/the-case-against-michael-steele/