Western South Dakota News

U.S. Sen. John Thune criticized President Biden's proposed budget in a speech on the Senate floor, highlighting the significant tax increases it entails. Thune stated, "All told, the president’s budget raises taxes by a staggering $5 trillion." He pointed out the implications of the proposed tax hikes on various sectors, including corporate taxes, income taxes, and energy taxes.

Thune expressed concerns about the expansion of government size and intrusiveness under Biden's budget, emphasizing the lack of focus on addressing critical issues such as military readiness and Social Security sustainability. He underscored the growing national debt's impact, noting that interest payments are projected to exceed spending on key programs like national defense.

The senator criticized the budget's allocation of funds towards new spending programs and substantial increases for government agencies like the IRS, while neglecting essential areas like military recruitment, shipbuilding, and munitions supply. Thune questioned the administration's priorities and its failure to prioritize safeguarding Social Security for current and future retirees.

In conclusion, Thune called for a reevaluation of the proposed budget, stating, "for the sake of the American people, the president’s budget should be dead on arrival here in Congress." He highlighted specific concerns such as funding for the Climate Corps, abortion services, and the IRS. Thune's remarks reflect a critical stance on the fiscal implications and priorities outlined in President Biden's budget proposal.