Lack of Economic Growth Slows Job Creation and Swells National Debt
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, responding to today’s announcement that real gross domestic product grew at an annualized rate of 2.0% during the 3rd-quarter of 2012, cited President Obama’s devotion to big government as the “primary reason” for the delay in A...
Rep. Kevin Brady on Bloomberg Radio 10.25.12
Brady Warns of Continued Uncertainty with QE “Infinity”
Rep. Kevin Brady (R-TX), Vice Chairman of and top Republican on the Joint Economic Committee, today said the Federal Open Market Committee’s decision to continue its quantitative easing policy until mid-2015, “heightens the uncertainty threatening our recovery.” Brady continued, “Policy uncertainty...
Vice Chairman Brady on Fox Business
Jobs Report: "A Part-Time Recovery," Brady Says
Obama "Part-Time" Recovery Still Last After September Jobs Report
Report Confirms Economy’s Lack of Growth
The Bureau of Economic Analysis (BEA) today revised downwards its estimate of 2nd Quarter gross domestic product (GDP). BEA estimates that real GDP increased at an annual rate of 1.3% during the 2nd quarter, down 0.4 percentage points from its previous estimate. Rep. Kevin Brady (R-TX), Vice Chair...
Congressman Kevin Brady Grades The Obama Economy at House GOP Leadership Press Conference
At today’s House Republican Leadership News Conference, Congressman Kevin Brady laid out the raw facts about President Obama’s Economic record. If the Obama recovery had been just an average recovery, 4.3 million more Americans would be working today instead of looking for work and America would...
More Fed Stimulus Is An Admission of Obama’s Failure to Boost Economy, says Brady
Rep. Kevin Brady (R-TX), Vice Chairman and top Republican on the Joint Economic Committee, strongly disagreed with the Federal Open Market Committee’s decision today to embark upon a new round of quantitative easing by committing to an open ended program to purchase $40 billion of agency mortgage-ba...
QE3: Unwise and Unnecessary
The effectiveness of the Fed’s unprecedented monetary morphine is rapidly waning. This makes the Fed’s anticipated initiation of a third round of quantitative easing (QE3) on Thursday all the more baffling. At a time of historically low interest rates, trillions of dollars of excess bank reserves pa...