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.
This budget deal is yet another missed opportunity to rein in excessive government spending. 
“If there’s one thing that we know about the American economy, we need two things: We need the skilled engineer as much as we need the skilled farmworker. The innovation that we’ve built in the US over generations depends on...
Yesterday on the floor, U.S. Senator John Cornyn (R-TX) discussed the White House’s spending and budget caps deal and the conservative priorities it would advance. Excerpts of my floor remarks are below, and video can be...
The budget deal reached by administration negotiators and congressional leadership is yet another missed opportunity to rein in excessive government spending. This deal irresponsibly jacks up spending by $320 billion without...
Recently I released the following statement after voting against H.R. 582, the Raise the Wage Act, which passed the House of Representatives 231-199:
patrick-abbott-bonnen
In the recent legislative session, state lawmakers approved two new bills that will lower school property taxes and limit the rise of other property taxes in Texas, at least until the next legislative session.
I authored the following op-ed in the McAllen Monitor explaining my bipartisan legislation to address the current border crisis while preserving our strong relationship with Mexico.
As a member of the Senate Foreign Relations Committee, today I issued the following statement in response to reports that Iran has violated the Joint Comprehensive Plan of Action (JCPOA): 
immigration economic graph
The National Immigration Forum appreciates the opportunity to provide its views on the benefits of immigration in building a more dynamic economy. U.S. economic growth is outpacing growth in workers. As a result, labor...
facebook currency
Facebook Inc. formally announced plans to launch a cryptocurrency, a move that could diversify its business from advertising while claiming a larger role in its users’ financial lives.
Three Texas cities have passed paid sick-leave ordinances, but implementation of the rules in San Antonio and Austin has stalled amid court challenges.
Indexing capital gains to inflation would unlock capital for investment, increase wages, create new jobs, and grow the economy, benefiting Americans across all income levels. Any decrease in the effective tax rate on capital...
US capitol
Recent successful bipartisan efforts on immigration legislation prove that sensible reform is possible! Your calls, emails, and faxes to lawmakers are making a difference.
The former Sears building will be the heart of Houston’s innovation district, which is meant to connect entrepreneurs with venture capital in an effort to place Houston on the map for tech innovation.
“Given our campaign’s commitment to fighting for a living wage of at least $15.00 an hour,” the letter continues, “we believe it is only fair that the campaign would carry through this commitment to its own field team.”
tax returns
Tuesday, I introduced a resolution in response to House Democrats’ partisan law suit to compel President Trump to turn over his tax returns:We will not stand idly by as House Democrat Leadership seeks to undermine our...
IRS
With nearly two and a half million miles spent commuting from my home in Texas to Congress, most airline flights are pretty routine for me. 
fair and open competition
Earlier this month, Associated Builders and Contractors praised Texas Gov. Greg Abbott for signing the Neutrality in State Government Contracting bill (HB 985
I issued the following statements regarding the United States-Mexico-Canada Agreement (USMCA), H.R. 2740 and H. Res. 430:
Steven Kopits of Princeton Energy Advisors wrote a few criticisms of our proposal to sell Gold Cards through a market-based program that I’ve called an 

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