49

Check here and try to enter a number higher than $5600.

I know this question might be oddly specific, but i have no idea why it would be such an odd number, and not just $5000.

107

The FEC raised contribution limits for the 2020 election cycle to $2,800 for each election period. The primary and general election each counts separately, so for both of those elections the maximum individual contribution someone can give to a single candidate adds up to $5,600. See also this announcement from OpenSecrets.org.

  • 18
    @FlyingThunder Governing authority is FEC according to Federal Election Campaign Act of 1971 (as amended in 1974, which is when the FEC was created). It was amended again in 2002 to set 2001 as a base year (replacing 1974) for which to determine inflation-adjusted increases to the limits, with those increases occurring in odd numbered years. (See Page 23 of previous link) – Jeff Lambert Feb 19 at 15:55
  • 15
    @FlyingThunder The concept of any part of American politics giving a rat's ass for the financial situation of the voters is... utterly laughable. – Walt Feb 19 at 20:38
  • 11
    @FlyingThunder In general, if a number is odd, it started as a round number and keeps getting inflation adjusted, for which the consumer price index is the US standard. Examples: tax brackets, people's salaries, retirement benefits, etc. I don't think this is specific to the US. – user71659 Feb 19 at 23:43
  • 6
    So you can contribute to someone's general election campaign before you know whether they'll win the primary and have a general election campaign? – Peter Taylor Feb 20 at 8:55
  • 6
    @PeterTaylor This comment says that money donated to the general election campaign has to be returned if that campaign doesn't happen. – David Richerby Feb 20 at 11:55
24

Because that's the legal limit. You can give $2,800 per election, so $5,600 would be a combined primary/general limit.

https://www.fec.gov/help-candidates-and-committees/candidate-taking-receipts/contribution-limits/

  • 6
    what happens to the second $2800 if the candidate isn't selected? – JCRM Feb 20 at 10:01
  • 8
    @JCRM investopedia.com/articles/markets/042716/… - "According to the FEC rules, official candidate committees must return any money contributed towards the general election if they do not win the primaries." – Ramon Snir Feb 20 at 11:12
  • 8
    @RamonSnir Is it if they do not win the primaries, or if they do not enter the general election? Could they keep the money if they choose to run as an independent? (This is an unusual enough scenario that I'm not sure I trust the phrasing at these links to be accurate for it) – Random832 Feb 20 at 15:07
  • 5
    If they run as an independent, then they're in the general election, they can keep the money, what's the issue? – Draco18s Feb 20 at 16:50
  • 3
    @Draco18s: The issue is that the text Ramon quoted from Investopedia says differently. – Ben Voigt Feb 21 at 4:30

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.