Why did president Coolidge veto it twice?

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2026-04-26 06:31

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President Calvin Coolidge vetoed the McNary-Haugen Bill twice because he believed it would lead to excessive government intervention in the agricultural market and could create an unfair advantage for certain farmers. He argued that the bill would not effectively address the underlying issues facing agriculture and would instead distort market prices. Coolidge prioritized fiscal conservatism and was concerned about the potential for increased government spending and the impact on taxpayers. His veto reflected his commitment to limited government and free-market principles.

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