John Thune: “The budget agreement and the legislation that will implement that agreement is a good thing for America. It balances the…”

“The budget agreement and the legislation that will implement that agreement is a good thing for America. It balances the budget by the year 2002 and keeps the budget in surplus thereafter. It provides $350 billion in gross tax cuts over 10 years for families, for education costs, and for economic growth. It ensures Medicare solvency for 10 years, it does not touch Social Security, and it provides $600 billion in entitlement savings. This budget is pro-business, it is pro-family, and it is economically responsible. It keeps faith with our children so that they will have a sound government, a growing economy, and a brighter future. It is good for farmers, for small businesses, and for agriculture because it makes important relief in the area of estate taxes and capital gains tax relief.”