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Thune’s first big test as Senate leader has arrived with Trump’s tax bill
- Senate Republican Leader John Thune faces scrutiny over President Trump's major fiscal tax bill on June 5, 2025, as it moves through Congress.
- Thune opposes the current 40% estate tax, which affects only about 3,170 estates annually, and had hoped for its repeal despite budgetary constraints on the bill.
- The legislation sets the individual estate tax exemption at $15 million, indexed for inflation, and also advances key goals such as modernizing the military and strengthening border security.
- The Congressional Budget Office reports the bill cuts taxes by $3.7 trillion, reduces spending by $1.3 trillion, but will still add $2.4 trillion to the deficit, a point Thune disputes citing past forecast errors.
- Thune asserts the bill supports economic growth and spending cuts addressing the nation’s debt, while opposition from Sen. Rand Paul and mixed reactions highlight ongoing debate within the party.
59 Articles
59 Articles
Problems proliferate in Senate for Trump’s ‘big, beautiful bill’
Problems are multiplying for Senate Majority Leader John Thune (R-S.D.) and other Senate negotiators in their bid to pass legislation to enact President Trump’s agenda by July 4. Some Republican senators are barraging leadership with concerns about spending cuts for Medicaid and the Supplemental Nutrition Assistance Program (SNAP), while budget hawks are demanding more deficit reduction…
Sen. Thune on OBBB: We Are 'Very Nearly There'
We are very nearly there, on the huge tax relief and spending package called the One Big Beautiful Bill, An optimistic and even enthusiastic Senate Majority Leader John Thune, R-S.D., told colleagues on the Senate floor Thursday.
Senate Republicans race to pass their version of President Trump's tax and spending plan
A Congressional Budget Office report warns that President Trump's tax and spending plan could strip health care from millions and increase the national debt, sparking division among Senate Republicans.
Senate Majority Leader Thune’s First Big Test Has Arrived With Trump’s Tax Bill
Only six months into the job, Senate Majority Leader John Thune faces a massive challenge as he tries to quickly push President Donald Trump’s sprawling tax and spending cuts package to passage with the support of a divided GOP conference. While most Republican senators are inclined to vote for the bill, Thune can stand to lose only […]
Why Republicans Can’t Afford to Let Trump’s Bill Fail
While Elon Musk grabbed headlines for blasting Donald Trump’s “big, beautiful bill,” the real message came from Senate Majority Leader John Thune (R-SD), who made the stakes plain: “Failure is not an option.” It wasn’t just rhetoric. There are three immovable realities driving Republicans toward a deal: .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(1…
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