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Senator John Thune Highlights Senate GOP's Legislative Achievements

Forbes Breaking NewsJanuary 5, 20268 min1,745 views
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Tax Relief for Working Families and Businesses

  • ๐Ÿ’ฐ Republicans have passed working families tax cuts, preventing a tax hike for typical South Dakota families and farms.
  • ๐Ÿ’ก The tax cuts include a larger child tax credit, a bigger standard deduction, and a bonus deduction for seniors, offering permanent tax relief.
  • ๐Ÿ“ˆ Farmers, ranchers, and small business owners will benefit from permanently lower tax rates, including the 199A deduction and full expensing provisions.
  • ๐ŸŒพ The death tax exemption threshold has been permanently raised, protecting family farms and businesses.

Support for Farmers and Rural Communities

  • ๐Ÿšœ The farm safety net has been updated with increased reference prices, improved crop insurance, and support for livestock producers facing drought and disease.
  • ๐ŸŒ Significant funding for rural broadband has been allocated to expand internet access in underserved areas.
  • ๐Ÿฅ The rural health transformation program aims to recruit healthcare professionals, train for rural needs, and bolster emergency services and maternal health facilities.
  • ๐Ÿ  A burdensome nursing home staffing regulation from the Biden administration has been repealed, ensuring South Dakota nursing homes can continue serving residents.

Strengthening National Security and Infrastructure

  • โœˆ๏ธ Investments in Ellsworth Air Force Base include full funding for the B-21 mission and supporting infrastructure.
  • ๐Ÿ‘ฎโ€โ™‚๏ธ Support for local law enforcement and new border security resources are included to address illegal immigration and drug flow.
  • ๐Ÿš— Electric vehicle mandates and the Biden administration's WOTUS rule have been repealed, saving farmers and ranchers from unrealistic requirements and massive compliance costs.
  • ๐Ÿž๏ธ Efforts are underway to maintain the pheasant population in South Dakota, supporting local traditions and tourism.

Republican Agenda at Work

  • โœ… Senator Thune emphasizes that the Republican agenda is delivering on promises to the American people, making America safer and stronger.
  • ๐Ÿš€ The focus is on putting more money in Americans' pockets, supporting key industries, and creating new opportunities for a brighter future.
  • โ›ฝ Thune concludes by stating the commitment to continue progress, metaphorically keeping "our foot on the gas."
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Whatโ€™s Discussed

Tax ReliefWorking Families Tax CutsChild Tax CreditStandard DeductionDeath TaxFarm Safety NetCrop InsuranceRural BroadbandRural HealthcareNursing Home RegulationEllsworth Air Force BaseB-21 MissionBorder SecurityElectric Vehicle MandatesWOTUS Rule
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