“Economy Near Stall Speed Over the Past Six Months,” Brady says
Rep. Kevin Brady (R-TX), chairman of the congressional Joint Economic Committee, commented on today’s announcement by the Bureau of Economic Analysis (BEA) that real gross domestic product (GDP) declined at an annual rate of 2.9 percent during the 1st-quarter 2014. BEA had previously estimated that...
Brady Statement on FOMC Decision to Continue Moderate Tapering
Rep. Kevin Brady (R-TX), chairman of the congressional Joint Economic Committee, today applauded the decision by the Federal Reserve’s Federal Open Market Committee (FOMC) to continue tapering its large-scale asset purchase program by reducing its purchase of long-term Treasury securities by $5 bill...
Brady Says “Action Needed Now to Spur Growth”
Rep. Kevin Brady (R-TX), chairman of the congressional Joint Economic Committee, called today’s announcement by the Bureau of Economic Analysis (BEA) that the economy contracted in the 1st-quarter 2014 “deeply disturbing.” According to BEA, real gross domestic product (GDP) declined during the 1st-...
April Employment Report
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, commented on today’s Bureau of Labor Statistics (BLS) report showing that 288,000 nonfarm payroll jobs and 273,000 private payroll jobs were added in April, while the unemployment rate fell to 6.3%.
Slowing to a Standstill
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee commented on today’s announcement that real gross domestic product (GDP) increased at an annualized rate of 0.1% during the 1st-quarter of this year. “More than just bad weather is to blame for the negligible economic growth in the 1s...
MARCH MILESTONE: Six Years After Recession Began, All Private-Sector Jobs Lost Now Regained
U.S. Congressman Kevin Brady (R-TX), chairman of the Joint Economic Committee, commented on today’s Bureau of Labor Statistics (BLS) report showing that 192,000 nonfarm payroll jobs and 192,000 private payroll jobs were added in March, while the unemployment rate remained at 6.7%.
Economic Report of the President 2014
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, commented on today’s release of the Economic Report of the President together with the Annual Report of the Council of Economic Advisers 2014:
February Jobs Report: 175,000 Jobs Added But Workers Still Underwater
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, commented on today’s Bureau of Labor Statistics (BLS) report showing that 175,000 nonfarm payroll jobs and 162,000 private payroll jobs were added in February, while the unemployment rate rose to 6.7%:
“The President’s budget is a big government wish list,” Brady says.
Washington, D.C. – Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, responded to today’s release of the President’s Fiscal Year 2015 Budget: “Once again President Obama has failed to submit his budget on time and once again he has failed to submit a serious proposal to put our nat...
Addressing the Opportunity Gap
This commentary recaps and updates the previous series and highlights some facts about economic mobility for future and recommends the pursuit of policies that broaden opportunity for more Americans, encourage job growth to foster economic growth, and remove obstacles that many Americans face in equ...
