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What They Mean by Hard Money

by taxnick on October 3, 2008

Hard Money is the Informal term referring to contributions to political campaigns, committees and parties that are regulated by federal election law, limited in scope, and subject to public disclosure. Individuals are permitted to contribute a maximum of $2,000 to a federal candidate per election, $5,000 to a political action committee per year, and up to $25,000 to a national political party per year.

Additionally, individuals are limited to $95,000 in contributions every two years ­.  $37,500 to candidates and $57,500 to national parties and federal PACs.

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