The Republican National Committee (RNC) is facing a significant financial deficit heading into the 2024 presidential election year, with only $7.6 million available, barely a tenth of the $21.3 million it had four years ago. This has caused anxiety among party leaders, and is compounded by former President Donald Trump's refusal to take part in any GOP debates so far. Trump has implied he may not debate any Republican challengers, but has said he looks forward to debating President Biden if both men are their party's nominees.