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.
In 2012, the owners of a Port Lavaca business filed their taxes in the same manner they always had. Expecting a refund that would help them keep their business going, they were surprised when the refund was held and an audit...
I issued the following statement after voting to support two Senate-passed measures that block job-killing EPA regulations: the Congressional Disapproval of the EPA’s CO2 Rule for Existing Power Plants (S.J. Res. 24) and the...
House Science, Space, and Technology Committee Chairman Lamar Smith (R-Texas), and Space Subcommittee Chairman Brian Babin (R-Texas) today praised a private space company’s successful test of a reusable rocket at a test...
Our nation has led the world in making the impossible possible. One example is our national space program and by extension, our emerging commercial space industry.
House Majority Leader Kevin McCarthy (R-Calif.), Space Subcommittee Chairman Brian Babin (R-Texas), and I praised passage of crucial legislation that provides guidance and certainty for American commercial space partners....
The president’s decision to reject the Keystone XL pipeline is a win for environmental extremists, but a loss for Americans. Years of independent analysis have clearly shown the project would not exacerbate carbon pollution...
Last November, nearly 80 percent of Texas voters approved a forward-looking measure to help our state maintain and upgrade its vast network of roads and highways as we continue to grow. Next Tuesday, I hope Texans again...
Yesterday, I voted against a deal to raise the debt limit to $19.6 trillion with no ceiling.This budget deal is irresponsible and represents Washington at its worst.It abandons spending caps, increases the nation’s deficit,...
Along with Congressmen David Jolly and Doug Collins, Wednesday I introduced H.R. 3765, The ADA Education and Reform Act of 2015. This legislation will curb frivolous lawsuits filed by cash-hungry attorneys and plaintiffs...
I made the following statement in reaction to the release of the Monthly Treasury Statement (MTS) last week showing that two new records had been set for inflation adjusted per person receipts by the federal government.
Last week, the House and Senate Conference Committee wrapped up negotiations and the House voted to approve a five-year transportation bill that returns more control back to states and consolidates several federal programs...
In this week’s Monday Morning Memo podcast, the chairmen of the House and Senate Judiciary committees have questions about the foreign fighter travel th
Last week the U.S. House of Representatives approved legislation reforming the nation’s central bank, including a new bipartisan national commission I have championed.
This is the election that the Republicans become the party of the Middle Class. The Democrats are essentially the party of Oligarchies and the welfare state.
While today’s job report showed that some Americans have been able to find work, there are still indicators that President Obama’s big-government, liberal agenda is not working, which is why we must do more to spur economic...
Barbecue is among the great traditions of Texas. Texans are passionate about their favorite barbecue as they are about football and politics. I've heard barbeque, football, and politics should not be brought up in mixed...
Houston-based contractor Halliburton is set to pay out millions of dollars to hundreds of employees in one of the largest settlements for unpaid overtime in the history of the Department of Labor.
We need a president who will make this a trade priority, and support from members of Congress to keep it a top trade priority.
A place carries a continuity of knowledge and passes it from generation to generation. How the place works, what makes it turn.When there’s disruption in this continuity, learning transpires by costly lessons of what the...
I am a co-sponsor for H.R. 1019, the Partner with Korea Act. Following the passage of the U.S. - Korea Free Trade Agreement (KORUS) in 2011, this legislation helps maximize the potential benefits of the agreement’s...

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