John Thune
speaker
136 appearances
3 recordings
1 series
first heard Nov 2024
last heard Jul 2025
John Thune’s voice in public audio — every appearance, attributed to the second.
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Appearances
Well, first and foremost, Ben, I would say that, you know, working Americans, middle income families are the biggest winners.
Uh those that make under $50,000 get the biggest proportionate tax break in all of this.
But you know, clearly with an increase in the child tax credit, uh standard deduction, those both of those being made permanent, lower rates getting locked in made permanent.
Um, and so if you have take a family, for example, in my state of South Dakota.
A average family, if we hadn't acted at the end of the year, would have been facing a $2,500 tax increase.
And as it is, they're going to be facing lower taxes and allowed, we're allowing them to keep more of what they earn so they can provide for themselves and their families.
And uh instead of sending the money to Washington, D.C.
So I think the tax uh pieces of this, and of course, uh no tax on tips, no tax on overtime, those are huge wins for, again, for working Americans.
And uh and we and we created a big bonus deduction for seniors, so lower taxes for people who are on Social Security.
Uh, I think to your point, though, I mean, it was a very uh sweeping piece of legislation, addressed border security, addressed modernizing our military, uh, energy dominance, the tax pieces I mentioned.
And then the other thing is it it was historic in terms of the savings that we were able to achieve.
And really frankly, for the first time since I've been in Washington.
Washington, we did something serious and meaningful about starting to rein in the uh runaway cost of our entitlement programs and getting rid of the waste, fraud, and abuse in a lot of those programs.
So a trillion and a half in savings there.
And uh, and again, that's historic.
So the lot there, there's uh school choice that was concluded in there.
Obviously, um, we were able to do something on uh taxpayer funded funding of abortions.
In this legislation.
I mean, these are this was a very comprehensive piece of legislation that included a lot of President Trump's agenda.
Right.
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