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Putin is mainly backed by the [[United Russia]] (''Единая Россия'') party, which currently holds a majority in the lower chamber of the Russian parliament, known as the ''Duma''. The party usually reflects the political views of Putin, which are that of moderate [[conservatism]] authoritarian statism and [[nationalism]]. On March 14, 2004, he was elected to a second term as president with 71% of the vote. Barred from a third consecutive term by the Russian constitution, Putin ceded the presidency to [[Dmitry Medvedev]] on May 7, 2008, and became Prime Minister, at the time sharing power with the more moderate Medvedev. Medvedev did not run for a second term, and, as a result, Putin was re-elected in 2012.