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main reasons I wanted to join the Senate Finance Committee was for the opportunity to reform and modernize our wildly outdated tax code.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
U.S. Sen. John Thune (R-S.D.) was recently featured on C-SPAN’s “American History TV” where he discussed South Dakota’s history, politics, and economy. As part of its 2017 Cities Tour, C-SPAN stopped in Sioux Falls, among other South Dakota communities, to feature the history and literary life of the community. “The... Continue Reading
U.S. Sens. John Thune (R-S.D.), Lamar Alexander (R-Tenn.), Mike Enzi (R-Wyo.), Pat Roberts (R-Kans.), Richard Burr (R-N.C.), and Bill Cassidy (R-La.) today reintroduced the Electronic Health Record (EHR) Regulatory Relief Act (S. 2059), legislation that would provide regulatory flexibility and hardship relief to address compliance burdens faced by EHR users.... Continue Reading
U.S. Sen. John Thune (R-S.D.) issued the following statement today regarding the House Ways and Means Committee’s release of a comprehensive tax reform bill based on the unified framework: “For the first time in decades, we have an opportunity to fix our broken tax code and provide better economic opportunity... Continue Reading
U.S. Senators Michael Bennet (D-CO), Cory Gardner (R-CO), and John Thune (R-SD) today introduced legislation to authorize a pilot program that would encourage vegetation management on U.S. Forest Service land to protect utility infrastructure from passing wildfires. “Wildfires this season have caused significant damage to utility infrastructure across the West,”... Continue Reading
U.S. Sen. John Thune (R-S.D.) today discussed several of the GOP’s tax reform objectives, including reforming our outdated international tax code. By transitioning from a worldwide tax system to a territorial tax system where businesses are taxed within the territory they operate, wages will increase and there will be more... Continue Reading