IT'S OFFICIAL: Obama Recovery Now Ranks Dead Last in Modern Times
With the new June jobs report in hand, President Barack Obama's economic recovery now ranks as the worst in modern times in terms of both job creation and economic growth, says the GOP leader of Congress's Joint Economic Committee. Texas Congressman Kevin Brady, the top Republican on the Joint Eco...
Brady Sees Court-Sanctioned Taxes As a Means of Limiting Freedom
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, said today that the Supreme Court, in essence, approved the use of tax to restrict the freedom of Americans. “I am reminded that an earlier Chief Justice, John Marshall, warned us in the early days of the republic that the ‘pow...
Brady Says “Fed Policy Statement Confirms Failure of Obama’s Economic Policies”
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, made the following comments on today’s Federal Open Market Committee policy statement. “The FOMC pronouncement that the economy remains weak and that ‘growth in employment...
Brady Encouraged That Fed Has Not Moved Toward QE3
Rep. Kevin Brady, Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, today issued the following statement: “I came away from today’s hearing more convinced than ever that we as a nation face drastic economic consequences unless Congress and the Pr...
Brady Terms CBO Forecast “Disastrous”
Rep. Kevin Brady, Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, today issued the following statement: “Today, the Congressional Budget Office released the latest update of The 2012 Long-Term Budget Outlook. On its present course, federal debt...
Brady Calls Jobs Numbers for May, “Grim.”
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, today called the meager increase of 82,000 in the number of private sector jobs and the accompanying rise in the unemployment rate to 8.2% “grim.” Brady called it “inexcu...
Second Reading on Real GDP Growth Rate Reflects “Obama’s Misunderstanding of the Way the World Really Works.”
U.S. Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, said today that the second reading from the Bureau of Economic Analysis, which reported an annualized real GDP rate of growth at 1.9 % during the 1st-quarter 2012, ref...
How the Taxation of Labor and Transfer Payments Affect Growth and Employment
The Joint Economic Committee will hold a hearing on, “How the Taxation of Labor and Transfer Payments Affect Growth and Employment,” on Wednesday, May 16, 2012, at 2:00 p.m., in room G-50 of the Dirksen Senate Office Building. Vice Chairman Kevin Brady will be presiding.
Brady Terms April Job Numbers, ‘Another Obama Disappointment.’
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, today called that the 130,000 increase in the number of private sector jobs the economy created during April, “Another in a series of disappointments President Obama’s poli...
The Obama Administration’s Record on Growth and Private Sector Job Creation vs. the Reagan Recovery
On Friday, the Bureau of Labor Statistics (BLS) will release the monthly employment situation report for April. Current consensus estimate (from Wall Street Journal) looks for a gain of 165,000 nonfarm payroll jobs (range of 105,000 – 244,000) with a private sector gain of 178,000 private sector jo...
