Statement of Vice Chairman Kevin Brady
Going over the fiscal cliff is economically irresponsible, financially reckless, and entirely unnecessary. Yet as Kimberley Strassel observed in The Wall Street Journal, “The president is boxing in the Republicans—offering them a deal they cannot accept, a deal they can't even be seen to be treating...
Congressman Brady speaks on CNBC about the upcoming Fiscal Cliff
Hearing Announcement: Fiscal Cliff: How to Protect the Middle Class, Sustain Long-Term Economic Growth, and Reduce the Federal Deficit
A hearing before the Joint Economic Committee will be held on Thursday, December 6, 2012, at 9:30 a.m., in room 216 of the Hart Senate Office Building.
Congressman Kevin Brady on Fox Business 11_20_12
Cut the Deficit by Growing the Economy
The President could have honored his pledge to cut the deficit in half if he had focused on growing incomes and wealth instead of focusing on how to re-divide the pie. Prior to the start of the recession, fiscal year 2007 revenues rose to 18.2% of 3rd-quarter GDP. Federal government receipts sto...
NEW ANALYSIS: CRS Report on Tax Rates Flawed
Time to Put America Back to Work
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, today made the following comments regarding the President’s statement on the fiscal cliff. “Stronger economic growth will do more to create jobs, increase family incomes, and slash the federal budget deficit than any tax incre...
UPDATED: Two Charts Depict Failure of Obama Recovery
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, today released the following charts capturing the weakness of the current economic recovery under President Barack Obama. The first compares the promises of the Obama stimulus - 5.4% - versus today's unemployment rate of 7.9%....
Obama Recovery Officially Dead Last in Job Creation
In a jobs report unaffected by Hurricane Sandy, the Bureau of Labor Statistics reported today that the U.S. economy added 171,000 nonfarm payroll jobs during October with a gain of 184,000 jobs in the private sector. The unemployment rate increased to 7.9%. U.S. Congressman Kevin Brady (R-TX), Vice...
U.S. Budget Deficit Would Be Halved But For Obama’s Anti-Growth Policies
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, released the attached Republican Staff Commentary analyzing today’s Bureau of Economic Analysis’s advance estimate for Gross Domestic Product (GDP) in the third quarter of 2012. “This commentary,” Brady said, "makes clear that s...