Hearing Announcement: "The Fed at 100: Can Monetary Policy Close the Growth Gap and Promote a Sound Dollar?
A hearing before the Joint Economic Committee will be held on Thursday, April 18, 2013, at 9:30 a.m., in room 216 of the Hart Senate Office Building.
In Tribute to Margaret Thatcher
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today released the following statement: “I am saddened,” Brady said, “at the passing of former British Prime Minister Margaret Thatcher.” "Mrs. Thatcher, as she liked to be called, brought Britain back from the brink of financial r...
Growth Gap Widens on Dismaying Jobs Report
The Bureau of Labor Statistics today reported that in March the economy added 95,000 private sector payroll jobs and the unemployment rate edged down to 7.6%. U.S. Representative Kevin Brady (R-TX), Chairman of the Joint Economic Committee, said “America's troubling growth gap continues to widen, w...
Extraordinary Monetary Policy Cannot Close The Growth Gap
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today criticized the Federal Reserve’s decision to continue its policy of “quantitative easing.” “Further quantitative easing by the Fed won’t close America’s troubling growth gap, nor will it lower unemployment. Why the Fed contin...
JEC Chairman Kevin Brady speaks during House Budget Debate
America’s serious growth gap and how to close it
When it comes to jobs, America has fallen into a “growth gap” of its own. The current recovery is falling further behind its contemporaries — and many economists now fear our nation has fallen into a new substandard economic norm. While the recent jobs report contained positive news — 246,000 new pr...
One Step Forward, Two Steps Back
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, said the following about the annual Economic Report of the President, released today by the Council of Economic Advisers: “The good news is that the Economic Report takes one step forward by acknowledging the ‘Growth Gap’ between thi...