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.
President Obama today signed into law the Leahy-Smith America Invents Act (H.R. 1249) a bipartisan, bicameral bill that updates our patent system to encourage innovation, job creation and economic growth. Both...
NRCC - As President Obama took to the stump last week to defend Democrats’ failed economic policies, recent commentary noted that the “ever-present president” had “never been more public”: OBAMA “THE EVER-PRESENT PRESIDENT”...
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We have professional politicians running our country whose theory on government is a mess, to say the least. These policy makers and elected officials lack the clarity, simplicity, and intellectual honesty to live up to...
Washington, D.C. - Congressman Kevin Brady, introduced legislation that would impose mandatory smart caps on federal spending and provide for flexible fiscal guardrails that shrink the size of government.“Creating jobs is...
NRCC - Senator Dick Durbin, Illinois’ senior senator and a mentor to President Obama when he was in the Senate, declared what the Obama administration has found difficult to accept: the weak economy is the White House’s...
NRCC - White House Press Secretary Jay Carney yesterday joined House Democrats in reiterating the White House’s out of touch position that it is somehow “a dangerous, risky idea” to tie an increase in the debt ceiling to...
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NRCC - The recent spike in gas prices also spread to food prices, which rose 3.9 percent in February, marking the largest gain since November 1974, according to a new report from the Labor Department:“Wholesale prices jumped...
The conventional wisdom is that China is on the rise, the United States is in decline and the world as we know it is going to end, or something to that effect. As I have mention before, decline is a choice and there is no...
The Heritage Foundation reminds us that economic freedom matters not just in promoting prosperity, but in promoting political freedom. Look at those nations who are either free or mostly free economically and you will see...
When GOP law makers take control of the House in about an hour from now, they plan to hit the ground running. The Washington Post Reports that Republican House members have a "20-day plan aimed at undoing major aspects of...
National unemployment remains stubbornly high, with the latest figures for July showing 9.1 percent unemployment. Even Texas – which has done better than any other state in the nation in adding private sector jobs over the...
NRCC - The Obama administration continued earlier this week to spin its dismal economic record, claiming that Obama has “stabilize[d] our economy” and that the economy has begun to “grow again”:CARNEY: OBAMA HAS “STABILIZE[D...
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Some of you may be aware that as I have told people, Bill O’Reilly is not a conservative. Many think he is, for a simple reason: they literally don’t know what they are talking about. He inclines...
WASHINGTON, D.C. – U.S. Senator John Cornyn (R-TX) joined Mike Crapo (R-ID), Mike Enzi (R-WY), Orrin Hatch (R-UT), Jim Risch (R-ID), and Pat Toomey (R-PA), Tuesday to cosponsor Senator Portman’s (R-OH) bill to reduce...
Today, I issued the following statement in response to Senate Democrats’ plan to forego producing a budget and ignore entitlement reform because it is politically expedient:Senate Democrats have given their game plan away:...
Kevin Brady - "Very large budget deficits and rising government indebtedness" are cited as reasons for Standard & Poors decision to downgrade the United States economic outlook to negative. "America's dangerous deficits...
Four GOP Committee Chairmen sent a letter to President Obama Thursday urging him to reduce costly government regulations that burden American businesses and restrict economic growth. I was joined in sending the letter by...
U.S. Congressman Kevin Brady (R-Texas), the Vice Chair-designate of the Joint Economic Committee, released the following statement on Friday's announcement that our economy grew at an annual rate of 3.2% in the last quarter...
Majorities rise and fall by the will of the people, and this new Republican Congress is sworn in under the American people’s message to lead with accountability – not a mandate. I’m very proud that 87 new Republican Members...
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Washington Post editorial writer Ezra Klein raises a good question: “I'm very curious to know what the GOP -- or the tea partyers they're presumably pandering to -- think will happen when every piece of legislation requires...

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