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History of political parties in the USA
On July 6, 1854, the Republican Party was formed in the United States. This brings to mind the history of political parties in the USA. In the 1790s there were two political parties. The Republican Party was led by Thomas Jefferson and James Madison; while Alexander Hamilton led the Federalist Party. The Federalists were for a centralized national government while the Republicans were for limited government, especially in regards to commerce.In the first election, in 1796, John Adams, a Federalist, was elected President and Thomas Jefferson, a Republican, was elected Vice President. This led to the 12th amendment that requires that both the President and Vice President to be from the same party.The election of 1816 saw the election of James Monroe. This also marked the last time the ...
pibi - 8 months ago
US political parties reach stimulus deal
United States President Barack Obama's massive stimulus package is set to pass through Congress after Democrats and Republicans reached a compromise deal. The plan is smaller than the one passed by either chamber but the price tag still comes in at almost billion. Democratic and Republican negotiators have been ironing out the differences between the stimulus bill passed by the House of Representatives and the one approved by the Senate. They have now reached agreement on a combined package. The stimulus package is aimed at reviving the US economy and creating millions of jobs. It now has to go be formally approved by the House and the Senate before Mr Obama can sign it into law. 12 Feb 2009 10:12:00 source: www.radioaustralianews.net.au 24.06.2009
alexasa - 9 months ago