U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, this week introduced legislation (S. 2200) to reauthorize the National Integrated Drought Information System (NIDIS), which provides vital drought information to farmers, ranchers, and other industries affected by severe weather conditions. This legislation would encourage... Continue Reading
U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Finance Committee, today released a video entitled, “Restoring America’s Place in the World,” which highlights the Senate’s tax reform plan that passed on December 2. The video features portions of Thune’s speech that he delivered just hours before the tax... Continue Reading
U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, has been appointed to the conference committee that is tasked with negotiating a final tax reform bill after the House and Senate each passed their respective versions of the Tax Cuts and Jobs Act. The Senate passed... Continue Reading
U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, convened a meeting with U.S. Department of Commerce Secretary Wilbur Ross to discuss the ongoing renegotiation of the North American Free Trade Agreement (NAFTA). Thune, who was joined by several colleagues, emphasized the importance of... Continue Reading
WASHINGTON — U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, issued the following statement today regarding the Senate’s passage of the Tax Cuts and Jobs Act. “For too long, Americans have struggled to make ends meet in a weak economy. Today the Senate has taken... Continue Reading
One of the main reasons I wanted to join the Senate Finance Committee was for the opportunity to reform and modernize our wildly outdated tax code. Fortunately, that once-in-a-generation opportunity has finally presented itself, and I’m excited by the momentum in Congress that is getting us closer to delivering a... Continue Reading
WASHINGTON — U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, issued the following statement regarding passage of the Tax Cuts & Jobs Act out of the Finance Committee today. “Today Congress is one step closer to delivering a pro-growth tax reform package to the president’s... Continue Reading
U.S. Sen. John Thune (R-S.D.) today discussed the Senate’s tax reform plan, which is currently being considered in the Senate Finance Committee, of which he’s a member. Thune touted a recent Politico article stating that middle-income people would see the largest decline in their tax bills, according to an analysis... Continue Reading
U.S. Sens. John Thune (R-S.D.) and Mike Rounds (R-S.D.) and U.S. Rep. Kristi Noem (R-S.D.) today met with Robert Weaver, the president’s nominee to be director of Indian Health Service (IHS). Weaver, who was nominated for the position in October, has nearly two decades of experience in hospital, mental health... Continue Reading
WASHINGTON — U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, today applauded the Finance Committee’s release of a comprehensive tax reform plan based on the unified framework. Several Thune-authored provisions from previously introduced tax reform bills were included in the broader Senate plan. These provisions,... Continue Reading
U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, today convened a hearing titled, “Protecting Consumers in the Era of Major Data Breaches.” The hearing featured testimony from current and former officials who worked on Yahoo!’s response to the 2013 data breach, which affected... Continue Reading
U.S. Sen. John Thune (R-S.D.) today discussed why reforming the tax code is essential for increasing economic growth in the United States. Thune explained that by reforming our business tax code, in particular, we can boost economic growth, which would allow American businesses to thrive. It would also allow individual,... Continue Reading