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.
inflation
The recent weeks have brought more bad news in our continuing crisis.Let’s review some highlights:Record gas and diesel prices at the pump and in reaction, Biden-Harris canceled lease sales to the Gulf of Mexico and Alaska...
inflation
After the Bureau of Labor Statistics released its April Consumer Price Index reporting consumer prices increased 8.3 percent from a year ago, I issued the following statement:
inflation
Runaway deficit spending by the Federal Government is the primary culprit of our high inflation.Don't you believe Biden's spin here. Just go to the grocery store and almost everything is up 10, 15, 20 or even 30%!
inflation
Republican Leader of the House Committee on Ways and Means Rep. Kevin Brady (R-TX) issued the following statement on Thursday’s Bureau of Economic Analysis report for gross domestic product which showed a disappointing ...
Kevin Brady
“The President's budget chooses partisanship over solutions, committing to economic self-sabotage, undermining Americans’ health care, and ignoring the crises where action is desperately needed,” I said before a full...
Rep. Van Duyne introduced the Small Business Regulatory Reduction Act to keep the regulatory costs and burdens agencies inflict on small businesses at or below zero dollars. This bill also takes necessary action to require a...
inflation
The Department of Labor’s Producer Price Index showed the highest surge in wholesale prices on record.Inflation is clearly out of control, and with record higher wholesale prices for businesses -- at double digit inflation...
Van Duyne remarks
This week, I offered an amendment to Democrats' H.R. 3807. This amendment would ensure law enforcement has the time to investigate and prosecute those who defrauded taxpayers.
inflation
There's little relief for workers in March's job report as job creation slows and inflation continues to rise. Wages just can’t keep up with President Biden's raging inflation, which is accelerating.
inflation
After inflicting the worst inflation on American families in 40 years, President Biden’s new budget blunder has tax hikes that hit the middle class and small family businesses, send jobs fleeing overseas, and more socialist...
The Biden administration’s assault on oil and gas production began during his campaign when he pledged during the debates: “No more drilling on federal lands. No more drilling, including offshore. No ability for the oil...
congressional letter
Last week, I led my Republican colleagues in sending a letter to the House Appropriations Committee urging the adoption of smart safeguards to protect U.S. taxpayers from footing the bill of faulty high speed rail projects....
tax
Last week, I joined 28 of my colleagues in sending a letter to President Biden expressing concerns with provisions in the President's Fiscal Year 2023 budget that threaten the stepped-up tax basis and impose 'mar
taxes
In the growing cities of Texas, Austin, Dallas-Fort Worth, San Antonio and metro Houston, appraisals have exploded with an average increase of 30%.
housing market
Texas school districts, cities and counties rely heavily on property taxes to pay for roads, libraries, police, firefighters and public schools. But lowering tax bills has long been a difficult endeavor.
twitter comp
No wonder the Twitter board implemented a “poison pill” against Elon Musk. Check out their cushy perks.The chart below lists the Twitter board members, and their fees paid in cash and stock. Let’s say it together: “Leftist...
inflation
The Bureau of Labor Statistics released its March Consumer Price Index reporting that prices surged further by 8.5 percent from the previous year, the highest increase in 40 years.
SPR
I released a statement following President Biden’s announcement that his administration will release an unprecedented amount of oil from our Nation’s emergency reserves and levy increased fees on federal oil and gas...
If we do not make the investments our military needs today, we will not be able to defend our nation or our allies in the future. The security of the free world depends on a credible American military.
retirement
Tuesday, I voted against H.R. 2954. There are indeed many provisions in the bill that I support, including those that provide much needed flexibilities that will help Americans save for their retirement.

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