GOP's Push for Trump's Tax Bill

The **GOP**, or **Grand Old Party**, is the widely recognized nickname for the **Republican Party** of the United States, a major conservative political party founded in 1854. It originated from anti-slavery activists opposing the Kansas-Nebraska Act, uniting former Whigs and Free Soilers with a platform centered on halting the expansion of slavery. The party's early historic milestone was the election of Abraham Lincoln in 1860, which precipitated the Civil War; under Lincoln’s leadership, the GOP focused on preserving the Union and abolishing slavery[1][2][3]. Throughout its history, the Republican Party has evolved from its abolitionist roots to champion business interests, industrial growth, and economic policies favoring limited government intervention. In the late 19th and early 20th centuries, it promoted protective tariffs and infrastructure development. The party experienced fluctuating influence, losing ground during the New Deal era but regaining prominence with Dwight D. Eisenhower’s presidency in the 1950s, marked by moderate conservatism[1][2]. Today, the GOP advocates for reduced taxes, conservative social policies, limited government regulation, strong national defense, and states’ rights. It remains one of the two dominant forces in American politics, consistently shaping legislative agendas and national discourse[2]. The party is organized and led nationally by the **Republican National Committee (RNC)**, which manages fundraising, election strategies, and the party platform, coordinating efforts across states and counties under the leadership of a chairman[3][4]. Notably, the acronym "GOP" was popularized in the late 19th century and originally stood for "Grand Old Party," symbolizing the party's legacy in preserving the Union and championing liberty. It is now a common term in political commentary and media[3][5]. In recent years, the GOP has undergone significant membership changes in Congress and leadership adjustments, reflecting its dynamic role in U.S. politics as

Walmart, founded in 1962 by Sam Walton, has grown from a single discount store in Arkansas to become the world’s largest retailer, with a commanding presence in both physical and digital retail landscapes[3]. As of fiscal year 2025, Walmart operates over 10,750 stores and serves approximately 270 million customers each week across 19 countries, employing about 2.1 million associates worldwide[1][2][4]. The company reported $681 billion in revenue for 2025, reflecting a 5.1% increase from the previous year and an 8.6% rise in operating income, underscoring its robust financial health and ongoing expansion[1][4][6]. ## What Walmart Does Walmart is a leader in hypermarkets and discount retail, offering a vast range of products—from groceries and apparel to electronics and home goods—through its extensive network of physical stores, e-commerce platforms, and mobile apps[2][3]. Its business is organized into three main segments: Walmart U.S., Walmart International, and Sam’s Club, a members-only warehouse club[3][5]. The company’s mission—“to help people save money and live better”—drives its focus on everyday low prices, convenience, and customer-centric innovation[2][5]. ## History and Key Achievements Walmart’s journey from a single store to a global powerhouse is marked by relentless expansion, operational efficiency, and technological adoption[3]. Key milestones include the launch of Walmart Supercenters in the 1980s, international expansion beginning in the 1990s, and the rapid growth of its e-commerce business in the 2010s and beyond[3]. Today, online sales account for 18% of Walmart’s revenue, fueled by four consecutive quarters of 20% growth[1]. The company’s retail media network, Walmart Connect, has also surged, with ad revenue up 50% in a recent quarter