Sen. Lee Elected as Chair, Welcomes New Members
Sen. Mike Lee (R-UT), newly elected Chairman of the Joint Economic Committee, released a statement following the committee’s formation and leadership election:
JEC Chairman-designate Lee Applauds Robust GDP Growth
Today, Sen. Mike Lee (R-UT), Chairman-designate of the Joint Economic Committee, released the following statement on the Bureau of Economic Analysis’ GDP growth estimate for 2018
Utah as a Case Study in Social Capital
WASHINGTON - Today, the Joint Economic Committee’s Social Capital Project released a brief highlighting the health of social capital in Utah.
JEC Chair-designate Lauds 100th Straight Month of Job Growth
Today, Joint Economic Committee Chairman-designate Mike Lee (R-UT) released the following statement celebrating the January jobs numbers while looking toward the future.
Chairman-designate Lee asks CBO and CMS to account for social capital in healthcare cost projections
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 accou...
Chairman Paulsen Cheers Job Creation, Wage Growth
Joint Economic Committee Chairman Erik Paulsen, R-Minn., welcomed the positive November jobs report released on Friday
Chairman Paulsen: Fed Recognizes Economy is on the Right Track
With the economy growing robustly for the first time in a decade, wage growth picking up, and inflation near the Fed’s 2 percent target, the Fed’s decision to hold rates steady seems prudent. I believe that Chairman Powell is on the right track to normalize monetary policy and to enable the full lon...
Chairman Paulsen Lauds Wage Gains and Job Creation in October Jobs Report
“Americans’ paychecks are finally breaking through the ceiling of wage growth that’s held for nearly a decade, firmly establishing that our economy’s strong momentum is boosting jobs and especially worker pay. This is an exceptionally good report with 250,000 jobs created, a milestone that reminds u...
JEC Chairman Paulsen Lauds Strong 3.5 Percent GDP Growth in Q3 2018
"The announcement of 3.5 percent GDP growth strengthens Americans' confidence under pro-growth policies with faster wage growth and less unemployment," said Paulsen. "Rising business investment shows that the economy will continue to be healthy and strong. Americans have more opportunity and more mo...
Chairman Paulsen: A Strong Economy Makes for a More Confident Fed
"The Federal Reserve’s decision today shows its confidence in the continued strengthening of the U.S. economy. After years of subpar performance, the economy finally grew at a 4.2 percent annualized rate last quarter; wages are rising, the unemployment rate is its lowest since 2000; consumer confide...