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News Releases

“This first quarter estimate of 3.2% GDP growth beat expectations and places the U.S. economy on solid footing for the beginning of 2019. Accelerating exports and decreasing imports led growth in the first quarter, along with increases in business inventories. This puts us ever closer to the longest U.S. economic expansion on record.”
WASHINGTON - Today, the Joint Economic Committee’s Social Capital Project released a brief highlighting the health of social capital in Utah.
WASHINGTON – Today, Joint Economic Committee Chairman-designate Mike Lee (R-UT) sent letters to the Congressional Budget Office and the Centers for Medicare and Medicaid Services asking for clarification on whether the agencies take the growing lack of social support among senior citizens into account while formulating their healthcare cost projections for federal and state governments. The letters also ask the agencies to explain their current policy in light of a recent JEC report about declining social support among the elderly.