Federal Contribution Limits Increased for 2023-2024
The Federal Election Commission has increased the individual contribution limit to candidates for federal office $400 from $2,900 to $3,300 per election, while limits to national party committees increased from $36,500 to $41,300 per year, and from $109,500 to $123,900 per year for special national party committees. The limits, adjusted every two years for inflation, saw one of their largest increases in recent memory following the recent period of record inflation.
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