Economy

Brady Statement on 3rd Quarter GDP Report

October 28, 2016

WASHINGTON, D.C. – Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) issued the following statement after the U.S. Bureau of Economic Analysis released its report on Gross Domestic Product (GDP) in the third quarter of 2016.  “I’m glad to see that our ...

#TBT: U.S. Economy Falls Below Its Own “Mendoza Line”

August 25, 2016

Baseball fans from the 1970s probably remember the infamous “Mendoza line” — the line signifying light-hitting shortstop Mario Mendoza’s weak batting average of .200. Players and fans knew that if a batting average fell below the Mendoza line, it was a really bad year.

Brady Statement on 2nd Quarter GDP Report

July 29, 2016

WASHINGTON, D.C. – Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) issued the following statement after the Bureau of Economic Analysis released its report on GDP in the second quarter of 2016. “For the last seven years, hardworking Americans have had to suffer through the ...

White House Growth Projections Just Got Even Worse

July 18, 2016

In one of its signature Friday news dumps, the White House last week cut its projections of U.S. economic growth over the coming decade. The new economic forecast, published in the White House budget office’s “FY2017 Mid-Session Review,” makes clear that the slow-growth status quo is here to ...

Brady Discusses Economic Freedom at The Heritage Foundation

February 1, 2016

Washington, D.C. – Today, Ways and Means Committee Chairman Kevin Brady (R-TX) spoke at The Heritage Foundation at the launch of the 2016 Index of Economic Freedom. The United States ranked 11th on the global index. EXCERPTS: “For another year, America still does not rank in ...