University of Central Florida (UCF) POS3413 The American Presidency Practice Exam

The contribution limit for an individual to a candidate committee influencing an election is indeed set at $2,800 for the election cycle, as established by the Federal Election Commission (FEC) guidelines. This limit applies to contributions made to a candidate's campaign for federal office, which includes Presidential, Senate, and House races.

The significance of this limit is that it reflects the effort to maintain fair election practices by regulating the amount of money that individuals can donate, thereby aiming to reduce the potential for excessive influence over candidates and the electoral process. This regulation is intended to ensure that elections remain competitive and that candidates are not overly beholden to wealthy donors.

Understanding these limits is crucial for comprehending the broader implications of campaign financing in American politics, as well as the mechanisms that govern how elections are funded and the associated impact on electoral candidates.