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Representative David Schweikert - Vice Chairman

The Federal Reserve's Next Hundred Years

President Obama ignited a contest over who will be the next Federal Reserve chairman when he hinted in a June television interview that Ben Bernanke would be replaced when his term expires at the end of January. Lost in the current battle of personalities is what really matters—the policies that the...

OP-ED: Fix growth gap, create prosperity

As the federal government once again approaches the upper limit on its legal authority to borrow more money, Congress must carefully consider its options.

Kevin Brady: Rejuvenate US growth with spending control

America faces an alarming growth gap — a gap between where our economy is in the present recovery compared with where our economy should be in an average recovery. More troubling, many economists now believe America faces a new normal with a permanent growth gap that lowers our future economic growt...

Kevin Brady: Tax Reform Needs Accurate Tax Tables

The current distribution tables use averages that distort the impact of tax changes on progressivity..

President's budget won't narrow the growth gap

At a time when the American people are searching for a responsible federal budget outlining pro-growth policy initiatives that Congress could enact with bipartisan support, President Obama decided to go in a different direction. Ten weeks late, the president’s budget reflects his belief in a bigger ...

America’s serious growth gap and how to close it

When it comes to jobs, America has fallen into a “growth gap” of its own. The current recovery is falling further behind its contemporaries — and many economists now fear our nation has fallen into a new substandard economic norm. While the recent jobs report contained positive news — 246,000 new pr...

What Kind of Cuts Grow the Economy?

With the automatic spending cuts set to kick in for the federal government on March 1, the media and Keynesian economists are predicting an economic Armageddon. Remember, these are the same people who for the past four years have promised America that the only path to a strong economy is through mas...

A Lincolnian Economic Primer for Obama

Those parsing President Obama's speech on Lincoln's birthday may not find much of Abraham Lincoln in it, beyond the symbolism. Let us hope that Mr. Obama uses the remainder of his term to get his policies right by Lincoln rather than misconstrue history in an effort to align the 16th president's pol...

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...

Saying No to State Bailouts

Right now, the world is wondering if European leaders have the political will to save their economies from fiscal collapse. Defaulting on their debts would trigger a domino effect that threatens the continued existence of the European Union itself. Yet the entrenched interests of labor unions and go...