I believe that growing the economy will require getting our unsustainable debt and deficit problem under control. However, deficit reduction has to be done in a sustainable and responsible way, which is why I oppose severe, across-the-board cuts through sequestration. Instead, we must reform our outdated tax code to make it fairer and more competitive; implement smart reforms to entitlement programs, without unjustly harming beneficiaries; take a long-term look at our defense spending; and target government waste, fraud and abuse.
The only thing the President’s supposed “America First” budget will do is put hardworking American families last. Devastating cuts to infrastructure spending, jobs training programs, investments in research and development, and much more, will undo all the undeniable progress made over the last eight years and threaten the economic security of the most vulnerable people in our society. Instead of wasting time on a reckless and short-sighted budget, Congress must work on a new proposal that makes the smart investments necessary to strengthen our competitiveness and keep our communities secure.
During my time in Congress, I’ve introduced legislation to close egregious tax loopholes; reduce tens of millions in wasteful defense spending; provide taxpayers with new tools to track how their money is being spent by the federal government; and improve the federal budget process.
Congress also needs to end the irresponsible practice of crisis-to-crisis governing and begin passing long-term budgets so that federal agencies and businesses have reliable and predictable funding. This allows them to operate as effectively and efficiently as possible, and plan out years in advance as opposed to only a few months on a temporary budget. If agencies are unsure that funding will be available in the future, they will freeze hiring and training, shorten terms for grants and contracts, and delay the start of new projects. We must find a way to put partisan politics aside, so we can get back to passing long-term budgets under regular order.
At the end of 2017, Republicans in Congress forced through a wildly unpopular, deficit-increasing tax bill that will harm the hardworking people of Illinois. While I am in support of comprehensive tax reform that is simple, equitable, and supportive of middle-class families, this bill is none of those things. I will never back legislation that gives massive benefits to the wealthy and corporations at the expense of seniors, small businesses, and homeowners.
Rep. Quigley voted in opposition to the Republican tax bill that was crafted behind closed doors and put the top 1% before middle-class families.
More on Budget
Today, U.S. Representative Mike Quigley (IL-05), Chairman of the Appropriations Committee’s Financial Services and General Government Subcommittee, released the following statement after the House of Representatives passed legislation to provide relief to American families amidst the ongoing COVID-19 and economic crises:
Today, U.S. Representative Mike Quigley released the following statement after the U.S. House of Representatives passed a COVID-19 relief bill, the updated Heroes Act, which would provide Americans with an additional round of stimulus checks, extend the highly successful Payroll Support Program to keep airline industry workers paid, and make good on House Democrats’ promise to compromise with Republicans.
As you know, this year tax-filing deadlines were postponed across the country due to the COVID-19 pandemic. The new federal and Illinois July 15 deadline – postponed from April 15 – is just a few days away. I wanted to reach out to make sure you have all the information necessary to file your tax return on time, pay the taxes you owe from 2019, or file for an extension. Please reach out to my office if you have issues or questions with your tax returns or any other financial concerns, so my staff and I can help you and your family during this difficult time.
Today, U.S. Representatives Mike Quigley (D-IL), Earl Blumenauer (D-OR), Tom Reed (R-NY), and Ann Wagner (R-MO), with more than 120 of their colleagues, urged Secretary of the Treasury Steven Mnuchin to delay the federal excise tax filing and payment due dates for beverage alcohol through the end of the year.
As of this week, over 1.5 million Americans have contracted coronavirus and over 90,000 have died – including more than 4,100 here in Illinois. And last month, nearly 22 million Americans filed for unemployment. I know that essential workers can’t wait for support and families can’t wait to pay rent or to keep food on their tables. I was proud that Congress mobilized quickly to pass three pieces of smart, bipartisan legislation but the crisis hasn’t ended, and Congress can’t consider our work done either.