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John Thune: “There are people who are making half a million, 600 grand a…”

Featuring: John Thune, Republican | Senate Majority Leader, South Dakota

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Thune Joins Squawk Box on CNBC

Published | Video Starts at 05:25

… they put these Covid era policies into effect, which would be 400% of the poverty level. So you're talking about 130 grand a year right now with no income cap. There are people who are making half a million, 600 grand a year who are getting subsidies from the federal government. for these policies. So, you know, I mean, obviously there is perhaps a solution there that we can work with, but we've got to have some reforms. (05:25–05:31)

CLAIM

Asserts that individuals earning up to $600,000 a year are receiving federal subsidies.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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