Friday is the deadline for U.S. Senator Rand Paul to give the Republican Party of Kentucky $250,000 to help offset the costs of a presidential caucus in March.
The caucus will provide a way for Paul to seek re-election to the Senate and run for the White House simultaneously next year.
However, Geoffrey Skelley, a political analyst with the University of Virginia Center for Politics, says Paul’s performance in the presidential polls and fundraising efforts have been on the decline.
"Perhaps he should turn his focus to his Senate seat entirely, but I think it's unlikely he'll drop out," remarked Skelley. "If indeed he does fork over the money for the caucus, I'll think he'll stick it out."
If the party doesn’t receive the money, which would only partially cover the cost of the caucus, Republicans will be part of the state’s regular primary in May.