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Mike Rounds on Budget & Economy

Republican SD Governor

 


Keep Trump tax cuts; slow down mandatory spending

Senator Mike Rounds is expressing his support to keep tax cuts signed by President Trump in 2017 permanent. Rounds did signal an appetite to slow mandatory spending as part of the plan when speaking with reporters. "Now we're back in and we're saying look, we've got to grow this economy. We've got to grow our way out of the deficit that we're in. But we've also got to slow down the mandatory spending as well, a combination of both," said Rounds.
Source: KOTA-TV, "tax Cut", on 2026 South Dakota Senate race , Apr 15, 2025

Don't promise everything then borrow it from next generation

Today all four candidates running for South Dakota's seat in the US Senate, Republican Mike Rounds, Democrat Rick Weiland and Independents Larry Pressler and Gordon Howie, debated at Dakotafest in Mitchell. And while they hit on a number of topics, all of them boiled down to you and your money.

On potential tax increases, Independent Gordon Howie said, "We've had enough. It's not a problem that we are taxed too little. The problem is we have a bloated government and we need to rein it in."

On overcoming the current do-nothing Congress, Republican Mike Rounds said, "They don't want folks to come on in and promise everything and then turn around and borrow it from the next generation."

Independent Gordon Howie says Congress must get the federal budget in line. "We can cut our spending, we can reduce our debt and we can stop government growth."

Source: KSFY/ABC News on 2014 South Dakota Senate debate , Aug 27, 2014

Opposed $1.9 trillion ARPA bill for COVID relief.

Rounds voted NAY American Rescue Plan Act

This bill provides additional relief to address the continued impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses:

Rep. Kevin McCarthy in OPPOSITION (3/11/21): The so-called American Rescue Plan imposed a $1.9 trillion new burden on American families. Despite being branded as `COVID relief,` only 9% of funds in this bill actually goes to defeating the virus, and almost half of the money, including more than 95% of the education funds, will not be spent until 2022 or later. After a year of struggle and sacrifice, students and parents get no answer to the vital question of when they can expect schools to reopen full time. President Biden wants Americans to believe `help is on the way.` But under this bill, it isn`t; waste is.

Biden Administration in SUPPORT (2/26/21): ARPA provides the tools and support critical to tackle the urgent public health and economic crises the Nation faces as a result of COVID-19. The bill also provides eligible Americans with a $1,400 payment in addition to the $600 payment provided in December of 2020. The bill also extends key emergency unemployment benefits, and raises the minimum wage to $15 per hour.

Legislative Outcome: Passed House 219-212-1 on 2/27/21; passed Senate 50-49-1 on 3/6/21; signed by President on 3/11/21.

Source: Congressional vote 21-HR1319 on Feb 27, 2021

Other candidates on Budget & Economy: Mike Rounds on other issues:
SD Gubernatorial:
Billie Sutton
Jamie R. Smith
Kristi Noem
Steven Haugaard
SD Senatorial:
Daniel Ahlers
John Thune
Scyller Borglum

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