John Thune: Big Beautiful Bill Will Make The U.S. 'Safer, Stronger, And More Prosperous'

At Tuesday's Senate Republican leadership press briefing, Senate Majority Leader John Thune (R-SD) promoted the Big Beautiful Bill.

Transcript

00:00Good afternoon.

00:05Everybody having fun yet?

00:08Ask us about 3.45 Sunday morning.

00:11Yeah, okay.

00:12Well, you can join our lunches.

00:16It's very stimulating.

00:20We are making good headway on the reconciliation bill.

00:23As you all know, this is the legislation that we believe implements the president's agenda

00:28and makes our country safer, stronger, and more prosperous.

00:33And if you look at how it achieves those objectives, and certainly on the tax side of it,

00:39it makes it easier for American families to make ends meet by giving them significant tax relief in several ways.

00:48It locks in and makes permanent the lower tax rates that were part of the Tax Cuts and Jobs Act.

00:53It allows for a permanent extension of the increased, the expanded child tax credit,

01:00and it also makes permanent the increased standard deduction, which 90% of the people in this country claim.

01:08And then on top of that, a number of President Trump's initiatives deal with no tax on tips,

01:14no tax on overtime, lower taxes on seniors in this country, and interest on, no tax on interest on new loans for cars.

01:23So those are all things that the president has included.

01:25They're included in our package.

01:27They were included in the House package.

01:28But we think they are important in terms of the mess that they send to the American people,

01:32and that is that we want to allow you to keep more of what you earn so that you can spend it

01:38and make decisions that are in the best interest of your family instead of sending that money to Washington, D.C.

01:43Couple that with what it does in modernizing our military, making the country safer,

01:48what it does with respect to securing our border and making our country more secure that way.

01:52These are all important aspects and components of the reconciliation legislation that's in front of us,

01:58and we feel very good about the path that we're on and getting this across the finish line by the end of the week.

02:04So with that, I will yield to our whip, Senator Brasso.