Roskam tax cut a looming economic disaster

My congressman Peter Roskam (IL-6) has bet his re-election to a seventh term on the gigantic tax cut he helped author and shepherd though Congress. His 2018 campaign is a virtual 24/7 touting of the the simplified tax code returning about $1,400 to an average Sixth District family. But before thanking Roskam with his vote, any constituent should ponder well what will never appear in the Roskam campaign. 

The new postcard size 1040 form that Trump kissed in appreciation becomes more complicated for those itemizing from the six new worksheets needed to itemize. 

But the big fib about simplification pales to the economic time bomb Roskam has saddled us with. Dropping his career long railing against excessive debt, Roskam will help spike our debt by $2.3 trillion over the next decade, raising the dept percentage of Gross Domestic Product from the current 78% to 100%. Domestically, this level of debt increases likelihood of fiscal crisis, giving Congress limited options to deal with major events such as another recession.  Internationally, dept that staggering imperils our global power and influence by discouraging foreign investors lending us the money needed to fund spiraling debt . 

Roskam will never reveal his huge corporate tax cuts are permanent, while the individual cuts go primarily to the already wealthy and expire in ten years. 

Congressman Roskam has spent his 12 years in Congress exploiting a manageable debt  to prevent expansion of health care to the needy,  rebuilding our crumbling infrastructure, or any other societal benefit. But to retain office in what looms as his first truly serious challenge, Roskam has wiped clean the slate of fiscal integrity, embarking on a perilous economic future.