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
After the Federal Reserve’s preferred measure of inflation increased by 6.3 percent from the year previous, I issued the following statement:
military
The House Appropriations Committee passed the Defense Appropriations Act for Fiscal Year 2023. This bill provides critical funding for the Department of Defense.
cutting spending
Speaker of the House Nancy Pelosi says “show me your budget, show me your values,” so that is exactly what my colleagues and I in the Republican Study Committee have done. In this budget, we clearly demonstrate that...
caterpillar
Governor Greg Abbott  issued a statement celebrating Caterpillar Inc.'s (Caterpillar) 
inflation
Wholesale prices for businesses jumped 10.8 percent from the previous year, according to a new Producer Price Index (PPI) report from the Department of Labor. This is more bad news for consumers. 
mail in voting
In another sign the November midterm elections will see widespread losses for Democrats, another poll finds Hispanic voters are more likely than white voters to disapprove of Joe Biden’s job performance and prefer...
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 ...
morning show kevin brady
Thursday, I joined the Sam Malone Show to discuss the looming recession in President Biden's economy, rising inflation, and President Biden's refusal to put America first.Click here to listen to the full interview.
Brady speaking
Under President Biden, workers and families are suffering from a dangerous baby formula shortage, raging inflation, and shrinking family budgets. In opening remarks for a full Committee hearing, I outlined solutions to...
While TEG advocates for many commonsense immigration ppolicies that reflect the economic needs of our state, passing legislation that creates a pathway to legal status or citizenship for Dreamers and TPS holders is important...
The United States is in a global contest to attract and retain talent. To that end, providing permanent legal status to Dreamers makes sound economic sense. Our policies must allow us to compete for the workers we need to...
inflation
I issued the following statement after the release of the May Jobs Report from the Bureau of Labor Statistics:
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%.

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