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.
A place carries a continuity of knowledge and passes it from generation to generation. How the place works, what makes it turn.When there’s disruption in this continuity, learning transpires by costly lessons of what the...
I am a co-sponsor for H.R. 1019, the Partner with Korea Act. Following the passage of the U.S. - Korea Free Trade Agreement (KORUS) in 2011, this legislation helps maximize the potential benefits of the agreement’s...
It seems we are constantly waiting in lines for government. Whether it’s renewing your license, or trying to get some benefit you’ve been paying into for 40 years, there will be lines. Too bad it will never be worth it to...
Academics and professional economists have critiqued many well known academic papers on immigration in the last year. The first was by Alan de Brauw and Joseph R.D.
The United States is the largest producer of petroleum and natural gas, yet outdated regulations – such as the crude oil export ban – hold our economy back from reaping the benefits that would come from being a key energy...
Last week, I joined Chairman Goodlatte and other members of the Judiciary Committee at a listening session in Nashville, Tennessee to explore how we can improve copyright policy. I heard from a broad range of people with...
Under the President's nuclear deal, the United States agreed to give the world's largest state sponsor of terrorism a billion-dollar oil boom. The United States will allow Iran to export its crude oil, but ironically, it...
Thousands of Syrians are fleeing their war-torn country in the hopes of securing safety and asylum in Europe or the United States. All too often, their desperate journey results in more suffering and struggle.
The Employment Situation Report for August 2015 by the Bureau of Labor Statistics (BLS) reported an increase of 173,000 nonfarm payroll jobs (140,000 in the private sector) and that the unemployment rate fell to 5.1%.
This December marks 40 years since Congress passed the crude oil export ban – an antiquated law created in response to disruptions in global supply in the 1970s.
I made the following statement in reaction to the release of the Monthly Treasury Statement (MTS) last week showing that two new records had been set for inflation adjusted per person receipts by the federal government.
I talked to Dr. Josh Umbehr, whose practice in Wichita, Kansas, will knock your socks off, for reasons you’ll see below. The cost savings he and his patients enjoy because they stay away from insurance and government are...
There is much discussion about Republicans rebelling against the “donor class” but the problem is that within the Republicans, the donor class themselves are not united on what they want.
Climate change politics and science are rarely synonymous, and as we are learning, it is politics that determines the science and not the other way around.
Today’s disappointing jobs report shows that the so-called recovery over the last six years continues to be hampered by President Obama's big government liberal policies. Real, sustainable economic growth can only be led by...
The National Football League faces a growing backlash over the way cheerleaders are compensated and the reason for it will sound very familiar to regular readers of Construction Citizen.
The US House of Representatives passed a major bill that, if passed by the Senate and signed into law, would pre-empt States from enacting labeling laws relating to genetically modified organisms (GMOs).
I delivered the State of the Senate address to business leaders at the Great Houston Partnership’s annual luncheon recently where I discussed his legislative priorities and outlined upcoming battles in the Senate this fall....
U.S. Congressman Pete Sessions (R-TX-32), Chairman of the House Rules Committee and a Member of House Republican Leadership, today released the following statement regarding the August unemployment report:
I made the following statement based upon the recent release of the Employment Situation Report for July 2015 by the Bureau of Labor Statistics (BLS), which reported an increase of 215,000 nonfarm payroll jobs (210,000 in...

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