UPDATES

Tax Cuts & Jobs Act in Year Three: Unleashing Economic Growth is Key to Recovery

December 16, 2020 — Blog

This month marks the three-year anniversary of the Tax Cuts and Jobs Act (TCJA) that aided America’s middle class, strengthened the economy, and made America more competitive globally. After years of the slow Obama-Biden economic recovery, America’s economic growth moved into high gear with passage of TCJA, leading to more jobs, higher wages, and a stronger America. Now, with the ...

Congressional Committee Leaders Announce Surprise Billing Agreement

December 11, 2020 — Press Releases

WASHINGTON – Today, key House and Senate Committee leaders announced a bipartisan agreement on legislation to protect patients from surprise medical bills and establish a fair framework to resolve payment disputes between health care providers and health insurance companies. The deal was agreed to by House Ways and Means Committee Republican Leader Kevin Brady (R-TX) and Chairman Richard E. ...

Last Week in Economic News: December 7 – December 11, 2020

December 11, 2020 — Blog

NFIB Small Business Optimism Index Small Business Operations Persist in November A majority of small businesses continued to invest particularly in new equipment. More small businesses increased their compensation or plan to do so in the coming months. Over half of small businesses hired or ...

Brady Comments on Dispute Settlement Action Against Canadian Dairy Practices

December 09, 2020 — Press Releases

WASHINGTON -- The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after the United States Trade Representative announced that it will launch formal consultations under the new United States-Mexico-Canada Agreement (USMCA) against Canada's implementation of the dairy tariff-rate quota: “Amb. Lighthizer is ...

Brady, Grassley Press Social Security Actuary to Correct Record on Misleading Claim on Average Wage Index

December 07, 2020 — Press Releases

WASHINGTON -- The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) and Senate Finance Committee Chairman Chuck Grassley (R-IA) sent a letter to the Chief Actuary of the Social Security Administration Stephen Goss asking the Actuary to correct a misleading statement he made to Congress in a recent congressional hearing. Before the House Ways and Means Committee, Mr. Goss ...

Last Week in Economic News: November 30 – December 4, 2020

December 07, 2020 — Blog

Jobs Report Economy Adds Jobs for 5th Consecutive Month; Black, Hispanic Americans Seeing Increased Job Gains The overall economy created 245,000 jobs. The private sector alone created 344,000 jobs. The overall unemployment rate dropped 0.2 percentage points to 6.7%. The labor ...

Brady: Workers Need Targeted Relief Now

December 04, 2020 — Coronavirus Bulletin

WASHINGTON – The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after the U.S. Bureau of Labor Statistics released the November jobs report: “This is clear evidence that Speaker Pelosi’s efforts to sabotage the economy ahead of the election hurt a lot of workers and small businesses. 

Brady Applauds J. Smith’s Ascension to Lead Budget Committee

December 03, 2020 — Press Releases

WASHINGTON – The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after House Republicans elected Rep. Jason Smith (R-MO), a member of the Ways and Means Committee, to serve as the top Republican on the House Budget Committee for the 117th Congress: “Ways and Means and ...

Republicans Again Pick Brady to Lead House Ways and Means Committee

December 03, 2020 — Press Releases

Washington, D.C. — This morning, House Republicans named Rep. Kevin Brady (R-TX) to continue as Republican Leader of the influential House Committee on Ways and Means in the 117th Congress. Brady, only the third Texan in history to lead the Committee, led the first successful reform of the tax code in 30 years, negotiated an end to the ban on selling U.S. crude oil overseas, ...