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Republicans work tirelessly to cut government spending and to eliminate government waste. Republicans believe individuals should control both their own and their government's pocketbook – the people should authorize all tax increases. Democrats believe that government knows what is best for individuals.
The elephant - symbol of the Republican Party since 1874 - remembers that GOP stands for "Grand Old Party," but increasingly, the elephant is standing alone. At least that's the thinking at The Wall Street Journal, which has decided to stop using the acronym to refer to the 148-year-old political party.
The Republican Party, commonly referred to as the GOP (abbreviation for Grand Old Party), is one of the two major contemporary political parties in the United States, the other being its historic rival the Democratic Party.