Inflation Plays in the Price of Politics

Photograph by Chris Maddaloni/CQ Roll Call/Getty Images

Maryland politicians and community leaders held a rally in front of the Maryland State House to “fight secret spending in our democracy” by supporting the “DISCLOSE Act.” The act would increase disclosure and transparency of campaign donations.

Coming out of the most expensive campaign in history, more boom-town news:

Donors can now give more money to federal candidates and committees active in the 2014 elections.

Individuals may give $2,600 to a federal candidate for a primary election and another $2,600 for the general election, according to an updated chart from the Federal Election Commission. That’s up from $2,500 per election. The contribution limits are indexed for inflation at the beginning of odd-numbered years.

Individuals may now give $32,400 to a national party committee per calendar year, up from $30,800.

Individuals may give a total of $123,200 to federal candidates and federal political committees over the next two years. Of that total, $48,600 may go to candidates and $74,600 may go to political action committees and party committees. The previous biennial limit was $117,000.

There aren’t limits on donations to super-political action committees, which raise money for so-called independent expenditures that expressly advocate the election or defeat of candidates without coordinating operations with them.

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