Senator John Thune (R-S.D.) and Representative Kevin Brady (R-Texas) today re-introduced legislation to permanently repeal the federal estate tax, better known as the death tax, to finally put an end to this punitive tax on family farms, ranches, and businesses upon the death of an owner. Thune and Brady’s bill,... Continue Reading
Senator John Thune (R-S.D.), Chairman of the Senate Republican Conference and a member of the Senate Finance Committee, today denounced the Senate’s failure to protect small businesses and middle class families from looming tax increases scheduled to take place at the beginning of next year. The Senate today voted on... Continue Reading
U.S. Senator John Thune (R-S.D.), Chairman of the Senate Republican Conference and a member of the Senate Finance Committee, today said a new report by Ernst & Young is further evidence that President Barack Obama’s small business tax hike would kill jobs and hurt the economy. The new study found... Continue Reading
WASHINGTON, D.C.–U.S. Senator John Thune (R-S.D.), Chairman of the Senate Republican Conference, issued the following statement regarding President Barack Obama’s comment earlier today that the “private sector is doing fine” despite a record 40 consecutive weeks of unemployment above 8 percent: “President Obama’s statement earlier today that the `private sector... Continue Reading
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.–Following the Senate’s overwhelming rejection of President Barack Obama’s budget proposal by a vote of 99-0 today, Senator John Thune, a member of the Senate Budget Committee, issued the following statement: “For the second year in a row, Senate Republicans and Democrats alike have soundly rejected the president’s tax... 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
Senator John Thune today offered an amendment to the Continuing Resolution (CR) put forward by the Democrat majority currently being considered before the Senate that would have saved the American taxpayers nearly $22 billion annually. Thune’s amendment would have reduced federal spending not related to defense, homeland security, or veterans... Continue Reading
U.S. Senator John Thune, along with 23 Senators, sent a letter today to Department of Treasury Secretary Timothy Geithner to voice concern over the Administration’s reported proposal to provide tax breaks for trial lawyers, and request more information on such efforts. “While families and small businesses across our country struggle... Continue Reading
Senator John Thune today criticized the Federal Communications Commission’s (FCC) renewed effort to regulate the Internet under Title II of the Communications Act. FCC commissioners voted 3-2 along party lines to launch the regulation effort. “Yesterday’s decision by Chairman Genachowski and the other Democratic commissioners to pursue new government control... Continue Reading
