Labor Force Participation Rate Hits 35-Year Low
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today said that the Bureau of Labor Statistics (BLS) report that the economy added 204,000 nonfarm payroll jobs and 212,000 private sector jobs in October does not reveal all that is going on in the American economy.
Not in High Gear
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, responded to today’s report by the Bureau of Analysis (BEA) that real gross domestic product (GDP) grew at an annual rate of 2.8% during the third quarter.
Brady: Fed Lacks Courage to Taper
“With the benefits of quantitative easing essentially at zero, this equivocating action by the Fed is less about the economy and more about its unwillingness to begin the tapering that everyone knows must begin,” Brady said.
September Job Growth Remains Flat
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today cited the Bureau of Labor Statistics (BLS) report that the economy added 148,000 nonfarm payroll jobs and 126,000 private sector jobs in September as “another flat can of soda that lacks carbonation.”
House Republicans: We must pay our debts in full, on time
Imagine a company - for a century, the world's largest. It is admired for its innovation, remarkably productive workers and fearsome ability to compete and win anywhere in the world it competes.
Brady Praises Yellen's Professionalism
Rep. Kevin Brady (R-TX), chairman of the Joint Economic Committee of Congress and a senior member of the House Ways and Means Committee, released the following statement on President Obama’s nomination of Dr. Janet Yellen as the next Chair of the Board of Governors of the Federal Reserve System:
GOP Debt Ceiling Proposal Grows U.S. Economy to Reduce Deficits
Rep. Kevin Brady (R-TX), chairman of the congressional Joint Economic Committee, released a Republican staff analysis that confirms a House Republican debt-ceiling proposal focusing on growing the struggling U.S. economy will play a large role in returning the federal government to a balanced budget...
Brady Disappointed in FOMC Decision
Rep. Kevin Brady (R-TX), Chairman of the congressional Joint Economic Committee, commented on today’s decision by the Federal Reserve’s Federal Open Market Committee (FOMC) to not begin scaling back its large-scale asset purchase program.
Brady Calls on Obama to Join Debt Ceiling Negotiations
With the U.S. government expected to hit its borrowing limit in early October, Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today called upon President Barack Obama and Congressional Democrats to the “come to the negotiating table” and “find a bi-partisan solution that puts Was...
Labor Force Participation Rate Drops To A 35-Year Low
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today cited the Bureau of Labor Statistics (BLS) report that the economy added 169,000 nonfarm payroll jobs and 152,000 private sector jobs in August as “just one more disappointment in a string of disappointments.”
