The meeting of the Billion Dollar Congress took place from March 4, 1889, to March 4, 1891. It was a nickname given to the 51st Congress.
A meeting of Congress consists of a meeting with the United States House of Representatives and the United States Senate. The meeting of the 51st United States Congress occurred in Washington, D.C. The President at the time was Benjamin Harrison.
The term "Billion Dollar Congress" was coined by the Democrats. It refers to the financial agenda supported by the Republicans that favored the wealthy and would have resulted in excessive spending. The Republican agenda included efforts to pass the McKinley Tariff Act, which raised taxes on imports to almost fifty percent. Republicans also sought to pass legislation that would grant generous pensions to Civil War veterans while also adding noncombat veterans and children of veterans to the eligibility list.