OCTOBER TERM, 1975 Per Curiam 424 U. S. A minor party receives a portion of the major-party entitlement determined by the ratio of the votes received by the party's candidate in the last election to the average of the votes received by the major parties' candidates. § 9008 (b) (2). The amounts given to the parties and the expenditure limit are adjusted for inflation, using 1974 as the base year. § 9008 (b) (5). No financing is provided for new parties, nor is there any express provision for financing independent candidates or parties not holding a convention. For expenses in the general election campaign, § 9004 (a) (1) entitles each major-party candidate to $20,000,000.1"' This amount is also adjusted for inflation. See § 9004 (a) (1). To be eligible for funds the candidate 121 must pledge not to incur expenses in excess of the entitlement under § 9004 (a) (1) and not to accept private contributions except to the extent that the fund is insufficient to provide the full entitlement. § 9003 (b). Minorparty candidates are also entitled to funding, again based on the ratio of the vote received by the party's candidate in the preceding election to the average of the majorparty candidates. § 9004 (a) (2) (A). Minor-party candidates must certify that they will not incur campaign expenses in excess of the major-party entitlement and 120 This amount is the same as the expenditure limit provided in 18 U. S. C. § 608 (c)(1)(B) (1970 ed., Supp. IV). The Court of Appeals viewed the provisions as "complementary stratagems." 171 U. S. App. D. C., at 201, 519 F. 2d, at 850. Since the Court today holds § 608 (c) (1) to be unconstitutional, the question of the severability of general election funding as now constituted arises. We hold that the provisions are severable for the reasons stated in Part III-C, infra. 121 No separate pledge is required from the candidate's party, but if the party organization is an "authorized committee" or "agent," expenditures by the party may be attributed to the candidate. 18 U. S. C. § 608 (c) (2) (B) (1970 ed., Supp. IV). See § 608 (b) (4) (A).