Economy

It is no accident that Texas consistently leads the nation in job creation. Some have described this economic powerhouse as a "Texas Miracle." But, we know better than that. The Texas Economic Experience is rooted in concepts and principles that will work anywhere they're tried: Keeping taxes low, creating a predictable regulatory climate, cracking down on lawsuit abuse, and investing in critical infrastructure like roads, water and schools in a fiscally responsible way.
President Obama’s proposed tax on oil is an egregious tax hike on American families and an attack on American energy.
The start of a new year is always a good time to step back and take a look at things. I spent a lot of time listening and talking to peopleall around the 27th District to make sure your top priorities are my top priorities....
The war on cash is escalating faster than many had imagined. Having documented the growing calls from the elites and propagandist explanations of the "benefits" to their serfs over the last few years, with China, and The IMF...
While the Texas economy continues to show growth, oil field job cuts have pushed the growth rate to lower than the national rate of growth for the first time in thirteen years.
Last week I voted in favor of a measure that would protect victims involved in class action litigation by ensuring that all members of a proposed class seeking monetary relief after suffering an injury have the same level...
The story of A Christmas Carol begins seven years after the death of his partner, Jacob Marley, and the opening scene shows Ebenezer Scrooge brushing off two gentlemen looking for donations and refusing yet another...
"You may all go to Hell, I'm going to Texas." - Davy CrockettLike many great Texans, I am a not a native of my adoptive state of Texas. I came here in my twenties for a better political and business climate. What I found was...
In 2012, the owners of a Port Lavaca business filed their taxes in the same manner they always had. Expecting a refund that would help them keep their business going, they were surprised when the refund was held and an audit...
I issued the following statement after voting to support two Senate-passed measures that block job-killing EPA regulations: the Congressional Disapproval of the EPA’s CO2 Rule for Existing Power Plants (S.J. Res. 24) and the...
House Science, Space, and Technology Committee Chairman Lamar Smith (R-Texas), and Space Subcommittee Chairman Brian Babin (R-Texas) today praised a private space company’s successful test of a reusable rocket at a test...
Yesterday I issued the following statement after voting to override President Obama’s veto on H.R. 3762, legislation to repeal ObamaCare and defund Planned Parenthood:
On the positive side, massive growth in the state’s population has led to a massive growth in new home construction, particularly in the area of multi-family homes that new residents of Texas are seeking to begin their...
This week, I voted on legislation to end the 40-year old ban on crude oil exports, permanently allow Texans to deduct their state and local sales taxes, increase defense spending to combat ISIS and radical Islamic terror and...
Washington, D.C. – The Committee on Science, Space, and Technology today approved the Nuclear Energy Innovation Capabilities Act (H.R.
Are you considering year-end tax deductible contributions? If so, I urge you to give consideration to The Institute for Policy Innovation (IPI). First responders, President Tom Giovanetti and Senior Fellow Dr.
Joel Kotkin, a Democratic researcher, has been in the forefront of detailing the struggle of the middle class and has even been outspoken about his own party's role in increasing the divide between rich and poor.
This holiday season a Houston-based company is rewarding its workers with a major bonus. Hilcorp has 1,381 employees total, and all of them were given a one-hundred thousand dollar bonus to top off an excellent year....
Last week, the House and Senate Conference Committee wrapped up negotiations and the House voted to approve a five-year transportation bill that returns more control back to states and consolidates several federal programs...
In this week’s Monday Morning Memo podcast, the chairmen of the House and Senate Judiciary committees have questions about the foreign fighter travel th
Last week the U.S. House of Representatives approved legislation reforming the nation’s central bank, including a new bipartisan national commission I have championed.

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