John Thune actually said...

"We'll also hear from Senators Portman, Blumenthal, and Wyden, who will offer their perspectives about the current state of the law and the proposed changes."

"If we can streamline and modernize our outdated tax code on the business side, it will enable corporations and pass-through businesses, both small and large, to reinvest, expand, create new jobs, and ..."

"I think we have a historic opportunity with tax reform to reform our antiquated tax code and to address the concerns that I continually hear from South Dakotans on jobs and our economy."

"Requiring businesses that have operated using the cash method since their inception to suddenly pay tax on money they have not yet collected, and may never collect, is an effective tax increase."