The Federal Election Commission increased the amount of money donors can give to both individual candidates and national party committees for the upcoming cycle.
Donors can now give $2,600 to candidates in the primary and general elections, and $32,400 per calendar year to national party committees.
An individual donor may now give a maximum of $123,200 overall for the two-year cycle, which includes a maximum of $48,600 given overall to candidates and $74,600 given to all PACs and parties. National party committees can now give $45,400 to individual Senate candidates.
Because of the Bipartisan Campaign Reform Act of 2002, contributions are indexed for inflation and increase slightly each cycle.
FEC increases donation limits for 2014 cycle
By Alexandra Jaffe - 01/30/13 01:58 PM EST