From The Campaign Spot:

Michael Steele just got himself some breathing room. Not only did his first full month as RNC chair have a pretty respectable, on-par-with-January $5.1 million in fundraising, but he outraised his Democratic counterpart Tim Kaine by a healthy margin: The DNC raised $3.26 million last month.

Democrats will argue that Kaine has a day job as governor of Virginia, and that Obama hasn’t held a DNC fundraiser yet. Still, I think more than a few folks expected that the DNC would be outpacing the RNC under Steele, at least early on…

This bolsters Steele’s position, but the race for NY-20 will probably tell more.