The Bonus Army Hoover already had a low favorability rating
with his constituents because of his policies to battle
unemployment. Because Hoover was a Republican, many
Americans assigned blame for the nation's struggles to his
party. In the 1930 election, the Democrats picked up eight
seats in the Senate and forty-nine in the house.
To deal with the growing budget deficit, Congress passed the
Revenue Act of 1932, the greatest peacetime increase in taxes
in the nation's history. At a time when the economy needed
VETERANS
BONUS.MARCH
ON TO WASHINGTON
Americans to have more buying power to keep factories and businesses open, the tax measure drew money
out of the hands of potential consumers. Raising taxes in an election
year also contributed to Hoover's
decreasing popularity.


write a short summary of the text above.



Answer :

Other Questions