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Employment Report Comes Up Short, Again

Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today cited the Bureau of Labor Statistics (BLS) report that the economy added 162,000 nonfarm payroll jobs and 161,000 private sector jobs in July as further proof that the administration’s current economic policies are not working...

The Fed Continues to Spike the Punch Bowl

Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today released the following statement in reaction to the Federal Open Market Committee (FOMC) decision to keep in place its low interest rate policy and program of purchasing U.S. Treasury securities and residential mortgage-backed ...

Economy at Near Stall Speed

Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, responded to today’s report by the Bureau of Economic Analysis (BEA) that real gross domestic product (GDP) grew at an annual rate of 1.7% during the second quarter.

Obama Makes Jobs His #1 Priority…Again

Rep. Kevin Brady (R-TX), chairman of the Congressional Joint Economic Committee, in response to President Obama’s speech on the economy today said, “It’s the movie Groundhog Day once again.

New Jobs Numbers: Economy Still Stuck in Low Gear

The Good, the Bad, and the Ugly Employment Report

Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, reacted to today’s report from the Bureau of Labor Statistics that the economy added 175,000 nonfarm payroll jobs, 178,000 thousand private sector jobs, and that the unemployment rate rose to 7.6% during May.

Better than Expected Jobs Report, but Jobs Gap Remains at Over 4 Million

Representative Kevin Brady (R-TX), Chairman of the Joint Economic Committee, commented on today’s report from the Bureau of Labor Statistics (BLS) that the economy created an additional 176,000 private sector jobs in April and that the unemployment rate declined by 0.1 percentage point to 7.5%.

Better, But Not Good Enough

Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, commented on today’s report from the Bureau of Economic Analysis that real gross domestic product (GDP) increased at an annual rate of 2.5% during the 1st-quarter 2013.

The Fed at 100: Can Monetary Policy Close the Growth Gap and Promote a Sound Dollar?

President’s Budget is a Step in the Wrong Direction

Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, upon release of the President’s budget said, “The President’s budget submission is a step in the wrong direction. How is it fair to taxpayers that the President’s budget never balances – that Washington never has to live within its ...