U.S. Sen. John Thune (R-S.D.) today spoke on the Senate floor about the need to reform federal spending and the risk of the growing national debt. Thune noted that the interest on the debt will exceed spending on key programs like national defense, Medicare, and Social Security in the next few decades. He also outlined how the debt ceiling has historically provided an opportunity to agree to spending reforms and urged President Biden to get serious about negotiating with Speaker McCarthy and House Republicans. 

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