Transcript by (www.newsy.com) You're watching multisource politics news from Newsy Despite predictions to the contrary, embattled Republican National Committee chairman Michael Steele is running for re-election. MICHAEL STEELE, RNC CHAIR, FOX NEWS "My style is a little bit different than most conventional Republican Party chairmen. My style is much more grassroots-oriented. I'm much more of a street guy. The party needs to get outside its comfort zone." In a statement Monday Steele said his job was only half-done -- reiterating his commitment to making Barack Obama a one-term president. But Steele remains a divisive figure within his own party - facing allegations of finance mismanagement and a less-than-impressive fundraising record. Party leaders allege the committee is as much as $15 million in debt -- and that that debt cost the party seats in November's midterm elections. (VIDEO FROM KGTV) CNN suggests Steele's problems don't stop there -- he also had trouble managing his own image. "Earlier this year, the financial reports showed the RNC spent tens of thousands of donor dollars on what some considered questionable expenses including nearly $2000 in a topless nightclub in California. Add to that Steele's series of controversial comments, including calling Afghanistan a - quote - 'war of Obama's choosing.'" So he's in it -- but can he win it? There are 168 members of the RNC - and The Washington Post's Chris Cillizza estimates Steele has the backing of just 40. "How ...