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 morning, while reading the news about the Supreme Court (SCOTUS) decision overturning parts of the Defense of Marriage Act (DOMA), I received a "National Action Alert" from the non-partisan organization, National Write...
Market economics is about more than making money or creating wealth; it is about allowing individuals to be the best they can be. Free market economics is the only economic system that allows you to act locally and thinks...
Once again, today’s jobs report shows that our economy is recovering at a sluggish pace and that job growth is far behind our potential. In addition to our chronically high unemployment rate, our nation’s employment rate is...
I recently announced the creation of the Texas Maritime Caucus, which I will co-chair with Congresswoman Eddie Bernice Johnson from the 30th Congressional district of Texas.The Caucus’ mission will be to promote Texas ports...
While Democrats in state capitals such as Sacramento and Albany are busy patting themselves on the back for the great job they’re doing, a new report out today puts California and New York at the bottom of the list for...
It’s fitting that President Obama kicked off his "jobs and opportunity" tour in Texas – the state that was rated first for business and second for average personal income growth. With low taxes and sensible regulations,...
WASHINGTON, D.C. –U.S. Representatives Ted Poe (R-TX), Mike Thompson (D-CA), Peter Welch (D-VT) and Chris Gibson (R-NY) today introduced bipartisan legislation in support of an “all of the above” energy approach. H.R. 1696...
Texas is expanding with high paying jobs and leading America in entrepreneurship while California continues its nosedive. Texas, depending upon less taxes, common-sense regulation and encouragement of entrepreneurship, has...
Yesterday on the House Floor, I highlighted my Expedited LNG for American Allies Act. The bill, which is the House companion to bipartisan legislation introduced by Senator John Barrasso (R-WY), seeks to help strengthen our...
Yesterday, I re-introduced the Crop Risk Options Plan (CROP) Act, which will strengthen farmers’ ability to manage risk. The CROP Act was introduced in the last session of Congress, and earned inclusion in both the House...
In 1939, Jimmy Stewarts infamous Mr. Smith went to the nations capitol in Washington, D.C. and showed Americans through the cinema that one person can make a difference in changing the course of a nation. Last week,...
Is the Southern District of New York (SDNY) becoming the laughing stock of our nation's bankruptcy courts? After Chief Judge Cecelia Morris' appearance on Fox Business a couple of weeks ago, that just might be the case. I...
With the regular session of the 83rd Texas Legislature finished, there are a number of decisions made by the current legislature that are positive steps forward for the future of our state. However, there were a number of...
Yesterday, I voted for H.R. 3, The Northern Route Approval Act, which removes the Obama Administration from the permitting process and allows for the immediate construction of the Keystone pipeline from the Canadian border...
The Texas Society of Certified Public Accountants (TSCPA) recently published a paper analyzing President Obama’s proposed FY 2014 budget. TSCPA began its non-partisan analysis by quoting from the President’s budget message...
During the Carter era and stagflation of the 70’s, our economy may have sucked, but at least the entrepreneurs were busy starting news business. Apple and Microsoft began in the 70’s before they exploded in 80’s under the...
San Antonio Mayor Julian Castro and former World Bank President Paul Wolfowitz recently addressed the Young Republicans in an opinion essay ("Political support grows for same-sex marriage," Page B7, April 26), supporting...
Although today's jobs report is good news for some Americans, millions more remain unemployed or have given up looking for work in the Obama economy. Despite the fact that our unemployment rate remains stubbornly high,...
Is the sale of the jail, which the County will continue to lease, the best way to resolve the problems the County has created by building a jail which the County does not currently need?Texas law allows Counties to issue...
Once we were California dreaming and California was the place that you would go to pursue your dreams. Today, it is the state where you are from, not where you are going. When the largest state, population wise, is failing...

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