President Biden releases budget proposal to Congress
On March 9, President Biden released his annual budget outline. Although this budget typically is dead on arrival in Congress, it gives members of Congress and voters insight regarding the administration’s priorities for the upcoming fiscal year. NRCA is happy to see the president proposes an increase of $43 million for Perkins Career and Technical Education Grants from the previous year and will continue to push for a robust increase during Roofing Day in D.C. 2023.
Unfortunately, this proposal also increases taxes for many small businesses and NRCA members. The budget includes nearly $4 trillion in tax hikes for businesses responsible for most of the jobs and growth in the U.S., including more than 1 million small and family-owned businesses. This proposal harms employers’ ability to hire new employees, offer better benefits, and invest in the equipment and technology necessary to sustain their businesses and help them grow. Instead of raising taxes, the administration should work with Congress to lower taxes and make permanent deductions, such as the qualified business income deduction. These actions would provide business owners with some certainty following three years of COVID-19, slow growth, high inflation and supply chain disruptions.
Thank you for supporting ROOFPAC at NRCA’s annual convention and the 2023 International Roofing Expo®
Thank you to all our sponsors and donors for your incredible support of NRCA and National Women in Roofing’s “A Lone Star Evening” March 6. Everyone had a great time during our lively cocktail reception and successful live auction at Gilley’s Dallas, where guests won vacations, artwork, premium bourbon and more. NRCA also held its hugely successful and popular silent auction, where bidders competed for luxury items such as trips, jewelry and electronics and raised even more funds for ROOFPAC.
NRCA is grateful for many generous sponsors who help underwrite the costs of these events so all proceeds may directly benefit ROOFPAC. Thank you for helping us raise crucial funds for ROOFPAC—your voice on Capitol Hill!
Sign up for Roofing Day in D.C. 2023 by April 5!
Roofing professionals will gather on Capitol Hill April 18-19 to discuss the critical issues facing their companies and the roofing industry. And you know what? We’re making a big difference. So far, we have increased funding for career and technical education, advanced legislation that addresses workforce development needs and secured a strong buildings component in bipartisan infrastructure legislation.
This year, our Roofing Day in D.C. Advisory Committee, in consultation with industry partners, has picked three issues for Roofing Day in D.C. that unite the industry. First, we will present workforce shortage solutions, focusing on immigration reform, the Workforce Innovation and Opportunity Act and funding for Career and Technical Education Perkins State Grants. We will also support important funding for the Department of Energy’s Building Technologies Office and support the Main Street Tax Certainty Act, which makes permanent the tax deduction for qualified business income set to expire in 2025.
To register and view the full itinerary, please visit www.nrca.net/roofingday.
ROOFPAC is the federally registered political action committee of NRCA and contributions will be used for political purposes. Contributions to ROOFPAC are not tax-deductible, and the name, address, occupation and employer's name of individuals whose contributions exceed $200 during a calendar year will be reported to the Federal Election Commission. Contributions are voluntary, and you have the right to refuse to contribute without any reprisal.