Representative Peter Roskam of the Illinois 6th Congressional District Voted YES today on the House Continuing Budget Resolution and raise the Federal Deficit by $1.5 Billion.
He Voted To:
Increase the national deficit by $1.5 trillion.
Slash Medicare by $473 billion and Medicaid by $1 trillion.
Gut funding to repair our nation’s infrastructure by nearly $200 billion.
Cut Pell Grants by more than $100 billion, making college less affordable for nearly 8 million working class students.
Illinois representatives Peter Roskam, Adam Kinzinger and Randy Hultgren provided the 3 critical votes to pass President Trumps budget plan as 20 Republicans broke with the president and voted against. According the public records, Roskam has voted with the Trump agenda 93.6% of the time.
State and Local Tax Deductions May Still Be Eliminated as part of the so-called Tax Reform Package
Still at risk is the nearly $1.3 trillion state and local tax deduction that most Illinois taxpayers use as a deduction. Some Republicans are pushing to eliminate that deduction to increase revenue to off-set the loss of revenue from the tax breaks going to the the 1% who will reap the largest tax reductions under the Trump tax plan.
According to Crain’s Chicago Business “State and local taxes in Illinois are almost as high as they are on the coasts. An analysis of 2015 IRS data by Bloomberg News found that while the average SALT deduction in districts represented by Democrats nationally is $4,443 and in GOP districts $2,896, in Roskam’s 6th District in DuPage County it’s a whopping $9,583.
401k Tax Exempt Contributions Also At Risk
Also at risk are contributions to workers 401k plans where Trump Republicans would cut the amount that Americans can contribute to those funds without paying taxes.
For more information about the budget voting, refer to the article in Crains CLICK HERE