Today, the House Ways and Means Committee held a hearing focused on “Reaching America’s Potential: Delivering Growth and Opportunity for All Americans.” Chairman Brady welcomed economic ...
The simple arithmetic that could jump-start America’s economic growth By George Will The Washington Post January 31, 2016 EXCERPTS “Today, Rep. Kevin Brady wants to change the way government pays attention to taxpayers. "If there is going to be growth-igniting tax reform — and if there isn’t, American politics will sink ...
WASHINGTON, D.C. - Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) released the following statement regarding the fourth-quarter GDP report. "It's been almost seven years since the Obama 'recovery' began and our economy is barely out of neutral. Why does America have to settle for ...
Washington, DC — Today, the nonpartisan Congressional Budget Office (CBO) released a summary of its annual budget and economic outlook. The report, issuing a forecast through 2026, projects slower economic growth and the return of growing deficits. CBO lowered their economic growth forecast for 2016 from 3.1 percent to 2.7 percent and estimates that the deficit will rise to ...
The U.S. Economy Shrank in the First Quarter of 2014. After several quarters of modest growth, U.S. Gross Domestic Product (GDP) declined by 2.9 percent, a pace not seen since the recession ended in 2009.
Worst “Recovery” Ever for GDP Growth. Relative to prior recessions, growth in the U.S. economy has significantly underperformed during this “recovery.”