Campaign Finance
Public Financing
Definition
Government funding provided to qualified presidential candidates who agree to spending limits. Funded by the $3 checkoff on federal tax returns.
Related Terms
FEC
Federal Election Commission. The independent agency that enforces campaign finance laws for federal elections.
Contribution LimitThe maximum amount an individual, PAC, or party can give to a candidate or political committee per election. The primary and general elections count separately. For 2025-2026, an individual may give $3,500 per election to a candidate. Limits are set by law and adjusted for inflation by the FEC.
More Campaign Finance Terms
Common Questions
- What does "Public Financing" mean?
- Government funding provided to qualified presidential candidates who agree to spending limits. Funded by the $3 checkoff on federal tax returns.
- What terms are related to public financing?
- Related terms include: FEC, Contribution Limit. Understanding these related concepts helps provide context for public financing.