Still Stuck in Dead Last
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, today called the Bureau of Labor Statistics’ report that the economy added only 103,000 new private sector jobs in August and left the unemployment rate mired at 8.1% “more dismal news for America’s job seekers.” “Today’s re...
NATIONAL DEBT ALERT!!!
On Friday, August 31st the national debt passed the $16 trillion mark,” Brady noted. “During less than four years under President Obama’s leadership, the national debt has increased an astonishing $5.4 trillion. And yet the President persists in pushing his agenda of more spending and higher taxe...
Employment Report: Obama Recovery Still in Last Place
“Today’s employment report, despite a better than expected gain of 172,000 private payroll jobs, yet again, confirms the failure of President Obama’s economic policies.” Brady added, “Using the White House’s own metrics of talking about private payroll job gains from the cycle low, President Obama’...
Brady: FOMC Got It Right For Now
In response to today’s announcement by the Federal Open Market Committee (FOMC), Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, released the following statement:
Brady Declares Looming Tax Cliff and Red Tape Explosion Stall Growth
Brady Declares Looming Tax Cliff and Red Tape Explosion Stall Growth; Obama Recovery Weaker than Previously Reported
Brady Declares Looming Tax Cliff and Red Tape Explosion Stall Growth
Since the recession ended three years ago, the economy has only grown by a total of 6.7%, less than half the average 15.2% of the other nine post-World War II recoveries and significantly less than the 18.5% the economy grew during the comparable period of the Reagan recovery.
Estate Tax Fails on All Fronts, Says New Joint Economic Committee Republican Study
Estate Tax Fails on All Fronts, Says New Joint Economic Committee Republican Study
Blue Chip Forecast Downgrades the Obama Economy
The Blue Chip consensus downgraded its forecast for real GDP growth by 0.1% for the last three quarters of 2012 and the entirety of 2013. However, this forecast assumes that the expiring Bush tax cuts will be renewed, the Eurozone situation will not worsen, and China’s economy will have a soft land...