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The Republican Party is a major political party in the United States. It was founded in 1854 and is often associated with conservative political ideology. The party's core principles include limited government intervention, free markets, individual liberty, and a strong national defense. Republicans generally advocate for lower taxes, reduced government spending, and deregulation. The party has historically been supported by a wide range of conservative groups, including business owners, religious conservatives, and rural voters. Notable Republican presidents include Abraham Lincoln, Ronald Reagan, and George W. Bush.