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.
April 23rd, 2020
We knew this was a very popular program, and it seemed to be working the way we intended by keeping people connected to their employer. But there's more demand than we prepared for, so that’s why it’s important we acted...
April 21st, 2020
Today on Fox News’ America’s Newsroom, I discussed Governor Abbott’s announcement of a plan to reopen Texas, declining oil prices, and Leader Schumer and Speaker Pelosi’s blockade of new funding for the Payroll...
April 20th, 2020
Many people today are struggling a lot — especially sole proprietors — aka, small business. But that isn’t totally because of the COVID virus. We as a people in the U.S.
April 17th, 2020
Texas Workforce Commission officials say the state will run out of money in May or June. Other economists predict that could happen in as soon as three weeks.
April 16th, 2020
We have a figurative war on our hands, but not against enemy bullets. It is not against the Coronavirus itself.
April 15th, 2020
Now is not the time to play games – politics can wait, our small businesses can’t.
April 9th, 2020
The American people can and will survive this pandemic. This crisis has affected every single person in our American family, which is why on March 27, 2020 my House colleagues and I passed the bipartisan Coronavirus Aid...
April 8th, 2020
This past Friday, my office hosted a telephone townhall with over 500 small business owners and a representative from the Small Business Association in Houston. During the phone call the small business owners were able to...
April 4th, 2020
Certainly Dr. Fauci’s success in fighting Aids is well known and respected. Hopefully, he will assist in finding a vaccine for Coronavirus. However, some of his projections, like the original 2.2 million predicted US deaths...
April 1st, 2020
The CARES Act –Coronavirus legislation recently passed by Congress – established immediate relief for our small businesses in crisis with a $349 billion Paycheck Protection Program. This protects millions of Americans...
April 22nd, 2020
It's time to face a fundamental question. Is locking down the economy to fight Covid-19 worth the tradeoff of a self-imposed great depression?Experts have estimated that more than 30% of the small businesses closed will...
April 21st, 2020
Yesterday, Congresswoman Debbie Dingell (D-MI), Congressman Fred Upton (R-MI), Congressman Marc Veasey (D-TX), and I led more than 240 bipartisan lawmakers in asking the Trump Administration to direct current federal...
April 17th, 2020
Yesterday I was asked to join President Trump's task force to re-open the economy as the nation continues to combat the coronavirus pandemic.
April 17th, 2020
The Payment Protection Program that was created and funded by the CARES Act has has run dry of funding as of yesterday morning. It was last week when Administration officials and Congressional officials warned that funding...
April 15th, 2020
As the number of confirmed COVID-19 cases in Texas continues to grow, we can’t help but ask, “when?” When will the outbreak peak? When will people go back to work? When will things return to “normal”?
April 9th, 2020
U.S. Sens. Kevin Cramer (R-ND) and I, led a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell urging them to keep the financial assistance authorized by the CARES Act industry neutral and...
April 9th, 2020
Nearly 1,600 small business owners, nonprofit leaders, workers and SBA-certified lenders across the nation Tuesday joined the webcast, “Paycheck Protection Program Implementation & Troubleshooting,” to receive updates on...
April 6th, 2020
We came into this as the strongest economy on the planet – fundamentally, we're still sound. So as we lock down this virus, we’re going to be able to unlock this economy.
April 1st, 2020
As health care professionals beg for supplies to protect themselves from COVID-19 infection, a Texas company found a seller with at least 2 million masks and quietly offered them for sale at $6 each. Before the pandemic,...
March 27th, 2020
With both the physical and economic health of our country in crisis, this bold legislation is our best path forward.