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John Thune: “Unemployment hit a 50-year low [after the Tax Cuts and Jobs…”

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

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Senator John Thune Advocates for Extending Tax Cuts and Medicaid Reforms

Published | Video Starts at 01:49

Mr. President, the tax Cuts and Jobs act was one of the most successful economic policy pieces of legislation in history. And the data bears it out. You look at what happened after the Tax Cuts and Jobs act passed. Unemployment hit a 50-year low [after the Tax Cuts and Jobs Act passed]. poverty levels at record level lows, and incomes grew, incomes and wages increased, most among lower income Americans. We started to narrow the wage gap as a result of the passage of the Tax Cuts and Jobs Act. (01:49–02:04)

CLAIM

Asserts that unemployment reached a 50-year low following the passage of the Tax Cuts and Jobs Act.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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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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