The bottom line is, I hear my donors, I hear our base out there, I hear the leadership. And we're taking steps to make sure that we're even more - how shall we say it - fiscally conservative in our spending and certainly making sure the dollars are there when it's time to run our campaigns.

Just because a black man is running the RNC doesn't mean black folks are going to, 'Oh, OK, I will be a Republican.' Just as with the election of President Obama. All the problems and concerns that are very important to African Americans don't get solved overnight.

You know, conservatism is not a bad thing. It's not a pejorative.

Michael Steele Quotes