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.
January 10th, 2019
The Texas legislature began its 86th Legislative session this week by swearing in 19 Republican and 12 Democrat Senators, and 83 Republican and 67 Democrat Representatives.
January 8th, 2019
The Texas Legislature faces several big issues when it begins on Tuesday, including school finance and property taxes.
December 27th, 2018
The Federal government’s newly proposed rules could make it more difficult for some people to legally immigrate to the United States and could cost the US economy $164.4 billion, according to
December 24th, 2018
115th Congress By The Numbers
December 12th, 2018
Recently Amazon announced its next headquarters will be in New York and Virginia. Since the two finalists from Texas (Dallas and Austin) lost out on this opportunity for approximately 50,000 new jobs and up to $5 billion in...
December 12th, 2018
Among the bills being prioritized in the lame duck session of the 115th Congress, shockingly absent is repeal of Obamacare. Tom Giovanetti, Institute of Policy Innovation President, correctly sounds the alarm in his Dallas...
December 10th, 2018
The Labor Department’s November 2018 jobs report came out on Friday. The U.S. Department of Labor reported that the economy added 155,000 jobs in November, and the unemployment rate was 3.7 percent. You can view the full...
November 30th, 2018
President Trump has said from the beginning that his tariffs were designed to get trading partners back to the table and to hammer out deals that benefits all parties. One of the first areas of focus was with Canada and...
November 21st, 2018
Happy Thanksgiving!God continues to bless America! We have so much to be thankful for!I want to congratulate our new Texas lawmakers for the 116th Congress.
November 14th, 2018
As I return to the nation's capital from home back in Austin, Texas so we can finish our work out before the end of the year, I wanted to relay some of the wisdom that I heard from working families and Texans back home about...
January 9th, 2019
Senator Chris Coons (D-Del.) and I introduced the Cambodian Trade Act of 2019, which would require the administration to review the preferential trade treatment Cambodia receives under the General System of Preferences (GSP...
January 2nd, 2019
Cato’s immigration policy team was very busy in 2018. My colleagues David Bier and Andrew Forrester, in addition to some contributions by myself and numerous outside authors like the stupendous Michelangelo Landgrave
December 26th, 2018
The worst Christmas Eve in stock-market history was more than offset Wednesday by the best day-after-Christmas trading day on record, with the Dow logging its first-ever 1,000-point, single-day gain as equities roared back...
December 13th, 2018
Yesterday the House passed the Conference Report to Accompany H.R. 2, the Agriculture Improvement Act of 2018, commonly referred to as the Farm Bill:
December 12th, 2018
Our British allies are making a bad deal. The current Brexit deal that Theresa May's government has made with the European Union could position the United Kingdom as a de facto colony, where it is subject to EU rules but...
December 11th, 2018
I released the following statement after
December 5th, 2018
This session of Congress is almost over, but there is still work to be done. Last week I introduced bipartisan legislation -- the Retirement, Savings, and Other Tax Relief Act -- which will build on the economic successes we...
November 29th, 2018
The construction industry is currently being negatively impacted by labor shortages which are expected to get worse as the baby boomers retire.
November 16th, 2018
I released the following statement after Republican House members voted to elect Kevin McCarthy (R-CA) as Minority Leader and Steve Scalise (R-LA) as Minority Whip for the 116th Congress:
November 13th, 2018
“Jobs smash estimates with gain of 250,000, wage gains pass 3% for first time since recession” - What an amazing headline from CNBC last week and there is no doubt about it—the American economy is booming. Across the nation...