Every South Dakota family must live within a budget, and I continue to believe the federal government should do the same.
For too long, out-of-control spending has been the norm in Washington. Spending across the entire federal budget must be reduced. In particular, spending on mandatory programs – those that are not subject to annual appropriations, like Social Security, Medicare, and Medicaid, among other programs – continue to grow at a rate that far exceeds discretionary spending.
In fiscal year 2018 alone, spending on mandatory programs accounted for nearly two-thirds of all federal spending. Responsible reforms to mandatory programs are necessary to ensure benefits for current beneficiaries remain unchanged, while also ensuring benefits are available for our children and grandchildren.
Our tax dollars should always be spent as wisely as possible on all matters, but especially those that are important to South Dakota and our values. I stand ready to reduce spending, enact meaningful reforms to strengthen existing programs, and ultimately put our fiscal house back in order.
It will take bipartisan cooperation to make these tough decisions, but the consequences of kicking the can down the road are too great for Congress not to take meaningful action.
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|4/22/09||Thune Introduces Debt Reduction Priority Act|
|4/3/09||Thune: Democrat Budget Pushes Spending to the Breaking Point|
|4/1/09||Thune Introduces Amendment to Protect Deduction for Charitable Giving|
|3/31/09||Thune Amendment Prohibiting Cap and Trade Energy Rate Hikes Passes Senate|
|3/20/09||Thune Responds to Revised CBO Budget Forecast|
|3/13/09||Government Should Tighten Its Belt Just Like Families and Small Businesses|
|2/26/09||Thune Responds to President's Budget Proposal|
|2/24/09||Thune Responds to Presidential Address|
|2/13/09||Thune Votes Against Trillion Dollar Spending Bill|
|2/13/09||Economic Burden Should Not Fall to Future Generations|