Key Takeaways: After TCJA, U.S. GDP grew 4.1% in 2019 after increasing 5.4% in 2018, unemployment reached a 50-year low of 3.5%, and with 6 million new jobs. Lowering the corporate tax rate from 35% to 21% made America more internationally competitive. President Biden and some in Congress are proposing to raise the corporate rate to 28%, which would undo much ...
WASHINGTON, DC – With new revelations that political aides to New York Governor Andrew Cuomo deliberately interfered with state public health officials in order to mask the true magnitude of COVID-19 nursing home deaths in the state, Republican Congressional leaders urged their House Democrat counterparts to hold a joint hearing regarding the undercounting of COVID-19 deaths in New York nursing ...
WASHINGTON--February's tepid jobs report showing little change from the previous month is exactly why we should focus on jobs and vaccine distribution, says Rep. Kevin Brady (R-TX), Republican Leader of the House Committee on Ways and Means in a statement. “Today’s jobs report shows little change from last month. We’re 10 million jobs short of where we need to be, and labor ...
Rep. Vern Buchanan (R-FL), Republican Leader of the Subcommittee on Trade for the House Committee on Ways and Means, kicked off Thursday's hearing on Trade Adjustment Assistance making several major points: Rep. Buchanan expressed disappointment that Congress allowed key programs to lapse at the end of last year. "Whereas TAA helps address problems when workers lose their jobs, GSP and ...
A new report from the Associated Press shows that "fraud is fleecing taxpayers, delaying legitimate payments and turning thousands of Americans into unwitting identity theft victims. Many states have failed to adequately safeguard their systems, and a review by The Associated Press finds that some will not even publicly acknowledge the extent of the problem." Yet Democrats provided no protections ...
With each new dollar we spend, the cost of borrowing money is increasing While Democrats have made clear that money is no object in their $1.9 trillion stimulus passed by the House in the dead of night last Friday, they have made little mention of how increasing interest rates -- as a result of the massive amount of federal spending ...
Ways and Means Republican Leader Kevin Brady (R-TX) slammed Democrats' $1.9 trillion Pelosi Payoff bill as neither focusing on the virus nor on creating jobs during Friday night's vote. To watch his remarks click here.
This rushed, hyper-partisan $1.9 trillion bill is out of touch with the real and urgent needs facing the public, writes Rep. Drew Ferguson (R-GA) in a Washington Examiner piece. Click here to read it. Key Takeaways: “Their so-called ‘American ...
WASHINGTON--Rep. Smucker appeared before the House Committee on Rules to discuss the Democrats' $1.9 trillion Pelosi Payoff that neither crushes Covid nor creates any jobs. To watch his remarks, click here. The following is a transcript of his remarks as delivered: Thank you, Ranking Member Cole. As a new member of the ...
WASHINGTON--Rep. Devin Nunes (R-CA), Republican Leader of the Subcommittee on Health for the Committee on Ways and Means, highlighted the remarkable success of the Trump Administration-led initiative to accelerate and facilitate the aggressive development and manufacturing of COVID-19 vaccines during Friday's hearing on "