Vice Chairman Brady's Response to the President's Job Speech
“The President’s message was powerful and clear: ‘Government made America great and government can make it great again.’ This misguided view explains why two years after the recession ended Americans are still left suffering with a second-rate economy that’s held up to ridicule by the world as our...
No Job Growth in August is More Proof President's Economic Policies Failing America
Washington, DC – Heading into the Labor Day weekend, America's economic outlook remains grim. In August the unemployment rate stayed unchanged at 9.1% with no job growth. August’s payroll job growth rate of zero is shocking. The American economy needs to create at least 130,000 jobs each month jus...
Disappointing Second Quarter Numbers Shows America's Economy Still Lackluster
Washington, DC -- U.S. Congressman Kevin Brady of Texas, the vice chairman and top Republican on the Joint Economic Committee, issued the following statement after a weak 1.3% growth rate in the Second Quarter.
Statement of Vice Chairman Kevin Brady
Washington, DC – I am pleased that Chairman Casey convened this hearing on job training and manufacturing. Manufacturing in the United States has changed dramatically over the last 60 years. Low-tech, labor-intensive goods such as apparel, shoes, sporting goods, and toys that were once made in ...
Stubbornly High Jobless Rate is an Economic Decision Point
Washington, DC -- The nation's unemployment rate inched up to 9.2% in June as our economy created an anemic 18,000 total payroll jobs when roughly 250,000 new payroll jobs are needed to significantly reduce the unemployment rate. "America is at an economic decision point," said U.S. Congressman K...
Statement of Vice Chairman Kevin Brady: Manufacturing in the USA
Washington, DC – I thank Chairman Casey for calling a hearing on this important topic. The U.S. manufacturing sector has changed dramatically over the last several decades. Manufacturing productivity in America has soared, what took 1,000 workers to produce in 1950 now takes only 184. U.S. m...
Statement of Vice Chairman Kevin Brady: Spend Less, Owe Less, Grow the Economy
Washington, DC – Chairman Casey and I have agreed to share the task of organizing hearings for the Joint Economic Committee during the 112th Congress. Pursuant to our agreement, I convened this hearing because the once vigorous American economy is languishing. A recent op-ed by Harvard Universi...
Vice-Chairman Kevin Brady Announces Joint Economic Committee hearing on “Spend Less, Owe Less, Grow the Economy” Report
More Disappointing Jobs Numbers in Sputtering Economy
Washington, DC -- The U.S. unemployment rate crept back up to a disappointing 9.1% percent for May, according to data just released by the Bureau of Labor Statistics. Adding to a recent spate of bad economic news, only 54,000 payroll jobs were added. This was the smallest monthly increase since Sept...
Moody's Downgrade is No Idle Threat
Washington, DC -- U.S. Congressman Kevin Brady, the top Republican on the Joint Economic Committee, released the following in response to Moody's statement: "It is no idle threat that Americans faces a credit rating downgrade if the President and Congress don't act quickly to get our country's fi...
