According to the Federal Election Law, no individual can donate more than 1 0,000 dollars to the same candidate, 25,000 dollars to all candidates, 5,000 dollars to the same political action committee and 20,000 dollars to the national committee of the same political party in the same year. No political action committee can donate more than $5,000 to the same candidate, no more than15,000 to the National Committee of the same political party, and no more than17,500 to the Democratic Party, * * and the Senate Election Committee of the party. Although the law strictly controls campaign funds, there are still big loopholes in practice. Donors often evade the law by donating soft money (American law does not limit the amount of money that voters donate to support a certain policy, but in fact a certain policy is probably advocated by a candidate, so donating money to support a certain policy is no different from supporting that candidate).
Each candidate must report the donations and campaign expenses received to the Federal Election Commission 65,438+00 days before the election or 30 days after the election, including the names, communication offices and occupations of all donors who donated more than 65,438+000 dollars.