Press Releases - Senator John Thune

Thune’s GOP Tax Extender Alternative is Paid For, Doesn’t Add to Debt, Cuts Taxes

Senator John Thune yesterday introduced the GOP alternative amendment to the Democrats’ Tax Extenders Bill currently before the Senate. Thune’s amendment fully pays for extending important tax provisions and Unemployment Insurance benefits, provides a longer-term physician reimbursement, and cuts wasteful spending. “My amendment sends a strong signal to the American... Continue Reading

Thune Amendment to End TARP to Receive Vote

Senator John Thune today introduced an amendment to the House-passed debt ceiling increase currently before the Senate that would end the Troubled Asset Relief Program (TARP). Senator Thune’s amendment would prohibit the Treasury Department from making any further commitments of TARP funds and would mandate that all returned funds be... Continue Reading

Thune Highlights TARP Oversight Report

Senator John Thune today highlighted a report on the Troubled Asset Relief Program (TARP) by the Congressional Oversight Panel that criticizes the program for overreaching and questions how the government program will divest itself of private businesses in the future. Over the last year, Senator Thune has worked to end... Continue Reading

Thune Amendment Protecting Charitable Deduction Stripped from Democrat Budget

Senator John Thune today issued the following statement after his amendment protecting the full tax deduction for charitable giving was dropped from the Democrat budget after conference deliberations between the House of Representatives and the Senate: “Charities and nonprofits in South Dakota and across the country provide needed services to... Continue Reading

Thune Praises Senate Vote to Extend Wind Tax Credit and Other Renewable Energy Incentives

The U.S. Senate today passed H.R. 6049, a bill to extend several tax provisions relating to energy production, including the production tax credit for wind energy through 2009. The measure passed by an overwhelming bipartisan vote of 93 to 2. “The investors who are going to make large-scale wind energy... Continue Reading

Thune Votes to Provide Tax Relief for Hard-Working South Dakotans

Early this morning, Senator John Thune voted in favor of the Tax Relief Act of 2005, legislation that would continue existing tax policy and avoid significant tax increases in the five-year period by extending certain expiring provisions. This bill passed the Senate by a vote of 64-33. “Today’s tax relief... Continue Reading