Final answer:
The Patman Bill, also known as the Bonus Bill of 1936, was a proposed legislation to provide early payment of World War I bonuses to veterans. It failed in the Senate due to concerns about cost and potential economic consequences.
Step-by-step explanation:
The Patman Bill, officially known as the Bonus Bill of 1936, was a proposed legislation in the United States that sought to provide early payment of World War I bonuses to veterans of the war. The bill was introduced by Texas Congressman Wright Patman in order to alleviate the economic hardships faced by veterans during the Great Depression. However, the bill faced opposition from President Franklin D. Roosevelt and failed to pass in the Senate.
When the Patman Bill failed in the Senate, it was primarily due to concerns about the cost of the proposed payments. Opponents argued that the government could not afford to make early bonus payments to veterans at a time when the country was still recovering from the economic crisis of the Great Depression. Additionally, some lawmakers believed that providing bonuses to veterans could potentially lead to inflation and disrupt the economy further. As a