US Senator John Thune’s Weekly Column: Balanced Budget Is a South Dakota Priority

Balanced Budget Is a South Dakota Priority
By Senator John Thune

John_Thune,_official_portrait,_111th_CongressEvery day, South Dakota families pay their bills, plan for the future, and strive to live within their means. I believe the federal government should do the same. Day after day, I hear from South Dakotans about their concerns with our out-of-control federal debt. They are worried about the burden that will be left on their children and grandchildren and the economic consequences of our debt, like slower economic growth and fewer opportunities.

To address these concerns, the Republican-led Senate recently passed a budget that will reduce spending by $5.1 trillion and balance in 10 years – all without raising taxes on hardworking South Dakotans. In contrast, the president’s budget never balances. Not now. Not in 10 years. Not in 75 years. His budget would add $7.4 trillion to our debt while raising taxes by $1.8 trillion to grow the government.

South Dakotans understand that spending more than what you take in leads to an unsustainable financial future. With the national debt skyrocketing, it’s high time for that same kind of common sense in Washington. Senate Republicans understand what’s at stake, which is why our balanced budget will create a framework for a more efficient, effective, and accountable federal government. It’s a clear contrast to the days of Democrat leadership in the Senate, when for years Democrats refused to pass a balanced budget, or any budget at all.

Returning fiscal sanity to Washington, D.C., is exactly what Republicans meant when we said that we wanted to get Washington working again for the American people. A responsible budget like the one we just passed is long overdue. Our budget preserves Social Security, enhances U.S. energy independence, supports our military and national security, and provides Congress with its best chance yet to repeal and replace Obamacare. Most importantly, it creates a path to a sustainable fiscal future for America and our future generations. While additional work remains to address our fiscal challenges, the Senate-passed budget is a big step toward serious accountability in Washington and greater opportunity for all Americans.

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17 thoughts on “US Senator John Thune’s Weekly Column: Balanced Budget Is a South Dakota Priority”

  1. I agree Senator Thune. Does this mean you will coordinate with state leadership and have South Dakota take the lead and no longer take Federal Funds to balance our state budget? What South Dakota pays into for federal taxes is what it gets back rather than be a welfare state?

    1. don’t forget to factor in the amount of federally-held property in the state, the cooperative national security commitments, and the relatively low per-dollar cost of operating in south dakota from which the federal government derives benefit as well. but if your tinker-toy economic analysis works for you, keep using it.

  2. Sir,
    Obamacare has virtually ended the suffering of medical bankruptcy, halted runaway premium increases and made being a woman no longer a pre-existing condition. Your party’s still not owned that your President put a trillion plus dollar war on the credit card and left the consequences and deficit to our’s. The validity of your budget which claims the savings from Obamacare while foolishly attempting to repeal it (again) is only matched by your lack of validity predicting the future. Was your party to be believed Obama would have taken our guns, our rebounded economy would have tanked and millions of Mexicans would be streaming across the border carrying nukes and ebola… C’mon, man!

      1. obamacare hasn’t delivered on many if any of its optimistic promises from 2009 – the debt has mushroomed thermonuclear-style since 2009 (and since 2007 which is when the pelosi majority stopped trying to pay down the debt). if you believe something totally different that i presented, then we couldn’t be at a wider impasse. i’ll check my facts but i’m pretty ok with my version of things.

  3. I would be in favor of not receiving any federal funding of any sort, as long as
    1. The federal govt. continues to pay for those currently receiving Social Security and Medicare.
    2. The federal govt. does not require South Dakotans to pay any future social security or medicare or other federal income taxes and leaves the State of South Dakota to figure out how to provide for its own citizens.

    I don’t believe we are receiving a large enough money benefit for being a state in the union. Lets go back to being Dakota Territory.

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