People's Budget called the People's Budget "a revolutionary concept" because it was the first budget in British history with the expressed intent of redistributing wealth equally amongst the British population. It was a key issue of contention between the Liberal government and the Conservative-dominated House of Lords, leading to two general elections in 1910 and the enactment of the Parliament Act 1911. The Budget was introduced in the British Parliament by David Lloyd George on 29 April 1909. Lloyd George argued that the People's Budget would eliminate poverty, and commended it thus: The budget included several proposed tax increases to fund the
Thomas Lloyd (stenographer) Thomas Lloyd (stenographer) Thomas Lloyd (1756–1827), known as the "Father of American Shorthand," was born in London on August 14 to William and Hannah Biddle Lloyd. Lloyd studied at the College of St. Omer in Flanders, where he first learned his method of shorthand. This very method of shorthand earned him his nickname as he published the most complete and official record of the First Continental Congress from the notes taken in his shorthand. Some of his other prominent accomplishments include working for the United States Treasurer and reporting the first Inaugural Address given by George Washington, which was then