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releases: https://www.thune.senate.gov/public/index.cfm/press-releases?ID=0B13E185-F3D4-4C9A-A97C-13017C6B716A

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://www.thune.senate.gov/public/index.cfm/press-releases?ID=0B13E185-F3D4-4C9A-A97C-13017C6B716A Senate Passes Thune Amendment to Protect Small- and Medium-Sized Businesses 2022-08-07 2022 2022-08 Republican Senate SD John Thune T000250 www.thune.senate.gov thune https://www.thune.senate.gov/public/index.cfm/press-releases scraper U.S. Sen. John Thune (R-S.D.) today released the following statement after the U.S. Senate passed his amendment to the Democrats’ reckless tax-and-spending spree that would protect small- and medium-sized businesses from a brand-new $35 billion tax increase. “At the last minute, Senate Democrats attempted to sneak yet another tax hike on American job creators into their reckless tax-and-spending spree, but fortunately, common sense prevailed,” said Thune. “The adoption of my amendment will protect small- and medium-sized businesses, many of which are trying to recover from the pandemic and survive a rocky economy, from this onerous tax hike.” The Democrats’ latest reckless tax-and-spending spree, introduced and made public for the first time Saturday, includes a change that would require separate businesses of any size held by funds or partnerships to combine their otherwise unrelated income to determine if they meet an aggregate $1 billion income threshold – subjecting each respective company to the new tax even if its own income is far too low. Without successful passage of Thune’s amendment, more than 18,000 small- and medium-sized businesses in the United States that employ 11.7 million workers would risk being subjected to $35 billion in tax hikes. This amendment is offset by extending the cap for one year on the state and local tax deduction. 1 2026-03-30T01:40:41Z 2026-04-06T18:26:22Z
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