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.
The fiscal cliff deal in America involves higher taxes, and virtually no spending cuts. On January 1, Americans were hit with a $1 trillion Obamacare tax hike. And, the tax penalty under Obamacare will hit nearly six...
I hope you’re sitting down for this: coverage of the “fiscal cliff” is a lot of hype. Bob Murphy looks at the numbers and concludes that if the government goes over the “cliff,” then some $9 billion in cuts will take place....
As Congressional leaders and President Obama continue to work on a plan to avert the fiscal cliff, I remain committed to a solution that protects as many families and small businesses in Texas as possible from seeing an...
With only two weeks until we come to the edge of the fiscal cliff, I sincerely wish I had more to tell you. Unless Congress acts, on January 1, 2013, our current tax rates will expire, and every taxpayer will face higher...
Today’s jobs report serves as a reminder that far too many Americans are looking for work, and that any plan to avert the fiscal cliff must prioritize job creation. Raising taxes, as the President insists, will make it more...
At our annual conference last week, the Texas Workforce Commission presented Champion Cooler Corp. with the 2012 Texas Workforce Solutions Employer of the Year award for its successful efforts to bring new manufacturing jobs...
Negotiations are ongoing to reach an agreement and avert what is known as the “fiscal cliff,” a combination of automatic tax increases and cuts to our defense spending that will take place starting next month. House...
Here in Washington and across the nation, all eyes are fixed on the “fiscal cliff” talks between Congress and the President. Everyone wants to know if they should expect a tax hike in just a few weeks. At year end, the so-...
Today, I released the following statement regarding House passage of the STEM Jobs Act (H.R. 6429), which would reallocate 55,000 visas to foreign-born graduates with advanced science, tech, engineering and math degrees:I...
Two cheers for materialism and Christmas as modern day scrooges attempt to make the Christmas a lesson in selfness. Christmas critics miss the point of what is happening. Okay, I am doing the job of defending spending a...
In Texas, we pride ourselves on job creation and entrepreneurship. This is the Promised Land, where you can be in charge of your own destiny. For many, if not most, this is true. For others, that rhetoric is used to dodge...
Editor's note: The data came from a December 20, 2012 Zero Hedge article and shows the true nature of our economy.The Zero Hedge blog site had some interesting data that shows the fragile economy. In December of...
After discovering miscarriages of justice and inconsistent applications of the law when investigating the Delphi bankruptcy and its connection to the auto bailouts, I started noticing something fishy about the Chapter 11...
In the 5 weeks since the re-election of Barack Obama as president, there has been an astonishing resurgence in the president's popularity among the American people. Since election day, when Obama's general popularity...
For over two years now, I have been writing about unethical businesses using employee misclassification as a strategy to create an unfair competitive advantage over legitimate employers in the marketplace. According to an...
Here is a new story that shows the absurdity of Obamanomics or the Obama class warfare strategy of economic growth. Great Britain reported the number of millionaires dropping by two-thirds and revenues expected from those...
Look, as the nation stands today, I’m not at all certain that it’s constructive in any way, or even morally appropriate to continue to play this counter-constitutional game of states and individuals standing by for the...
This week in Washington, Congressional leaders and the President continued to negotiate a solution to avert the looming “fiscal cliff” set to take effect January 1, 2013. As you may know, the so-called fiscal cliff is a...
Says Politico: “The American public overwhelmingly favors raising taxes on the rich as a way to pay down the deficit, while opposing a hike in the Medicare eligibility age or eliminating tax deductions, according to a...
Congressional Republicans today selected Congressman Lamar Smith (R-Texas) to chair the House Committee on Science, Space and Technology in the next Congress, which begins in January. Congressman Smith has been a member...

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