“Make the 2017 Tax Cuts and Jobs Act tax relief permanent and prevent scheduled tax increases on hardworking families and small businesses.”
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As Senate Majority Leader, Thune led passage of the reconciliation law (H.R.1, the 'One Big Beautiful Bill Act') that permanently extends the individual rate and bracket cuts from the 2017 Tax Cuts and Jobs Act. He voted Yea on Senate passage (50-50, VP tie-break) on July 1, 2025, and the bill was signed into law July 4, 2025 (P.L. 119-21). The pledged outcome -- permanent TCJA tax relief preventing the scheduled increases -- was delivered.
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