WASHINGTON, D.C.—Senator John Thune issued the following statement today regarding the U.S. Department of Labor’s May jobs report stating the national unemployment rate has increased to 8.2 percent: “Today’s weak jobs report further confirms what nearly 13 million unemployed Americans already knew, that the Obama economy isn’t working. It isn’t... Continue Reading
WASHINGTON, D.C.—Senator John Thune (R-S.D.), Chairman of the Senate Republican Conference and a member of the Senate Budget Committee, today was joined by Senate Budget Committee Ranking Member Jeff Sessions (R-Ala.) in introducing the Sequestration Transparency Act of 2012 (S.3228), a bill requiring the Obama administration to provide Congress with... Continue Reading
WASHINGTON, D.C.–Senator John Thune (R-S.D.) today called on Majority Leader Harry Reid (D-Nev.) to immediately take up the bipartisan House-passed Jumpstart Our Business Startups (JOBS) Act, a collection of six measures that will remove barriers currently preventing small business investment, including the Access to Capital for Job Creators Act originally... Continue Reading
WASHINGTON, D.C.–Senator John Thune today issued the following statement on the Joint Select Committee on Deficit Reduction’s failure to produce a plan to reduce the nation’s deficit: “Instead of joining Republicans in making tough decisions to address our nation’s runaway entitlement spending, Democrats would rather increase taxes on America’s job... Continue Reading
The bicameral Repeal CLASS Working Group today issued “CLASS’ Untold Story: Taxpayers, Employers, and States on the Hook for Flawed Entitlement Program,” a report detailing the insolvency of a massive new entitlement program included in the new health care law called the Community Living Assistance and Supports (CLASS) Act. Documents... Continue Reading
Senator John Thune issued the following statement regarding the Senate Majority Leader’s decision last night to abandon the Democrats’ proposed $1.2 trillion omnibus spending bill: “The American people have spoken and they reject Washington spending sprees and this type of closed-door deal making in Congress,” said Thune. “I’m pleased that... Continue Reading
U.S. Senator John Thune today introduced legislation that will begin to tackle the nation’s ballooning $13 trillion debt by reforming the budget process and cutting federal spending and borrowing. “As families across our country make tough financial choices to live within their means, Washington continues to spend borrowed money at... Continue Reading
U.S. Senator John Thune has been awarded the National Taxpayers Union (NTU) 2009 Taxpayers’ Friend Award, based on a comprehensive rating of his voting record on tax, trade, regulatory, and fiscal policy. NTU, a nonprofit, nonpartisan citizen group whose mission is to work toward lower taxes and smaller government at... Continue Reading
Senator John Thune today released the following statement regarding the United States’ national debt reaching the $13 trillion mark: “The red ink being passed on to future generations of Americans has reached an unprecedented level of irresponsibility. The Obama Administration and Democrats in Congress continue to pile up new federal... Continue Reading
Senator John Thune commended Republicans in the House of Representatives for offering a motion that would have given House Members an opportunity to end the Troubled Asset Relief Program (TARP) and allow unspent funds that are paid back to lower the national debt. Democrats successfully blocked the measure to proceed... Continue Reading
Senator John Thune today reacted to President Obama’s Fiscal Year (FY) 2011 budget proposal, which was delivered to Congress this morning. The President’s budget more than doubles the debt, drives spending to a new record of $3.8 trillion in FY 2011, increases the deficit to a new record of $1.6... Continue Reading
Senator John Thune released the following statement after the Senate today voted to raise the debt ceiling by $1.9 trillion to $14.294 trillion. The $1.9 trillion increase is the largest ever—roughly double the previous record increase to the debt limit. This is the second such increase in two months and... Continue Reading