Harding Administration - Harding and Congress
Harding and Congress
The Republicans maintained majority control of both houses of the national legislature during Harding's years as president. His term encompassed the Sixty-seventh (1921–23) and the Sixty-eighth (1923–25) Congresses. The Republican Party had long been split between its old guard conservatives and its more progressive wing. Harding had always been associated with the old guard. Despite this division within the party, the new president was able to obtain congressional support for most of his legislative policies.
Harding adopted generally conservative, pro-business policies during his years as president. He was successful in having Congress lower taxes on the wealthy and repeal the excess profits tax that had been imposed during the war. Harding also signed the Fordney-McCumber Act of 1922 that raised tariffs on imported goods an average of almost 40 percent, a change favored by U.S. business. The...
[The entire page is 524 words long]
