Washington, DC — U.S. Congressman Kevin Brady, (R-TX), the top House Republican on the Joint Economic Committee, released the following statement on the passage of H.R. 597, legislation to reauthorize the Export-Import (Ex-Im) Bank. “This is first and foremost a trade issue. Ending export financing here in the United States isn’t enough, it needs to be phased out around the globe just as we reduce tariffs, quotas and other trade concerns. This should be a top negotiating priority for America as ...
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Washington, DC — U.S. Congressman Kevin Brady (R-TX) announced today he will seek the chairmanship of the House Ways and Means Committee. The gavel will come open following Paul Ryan’s expected election as Speaker of the House later this week. Brady, second in seniority on the committee to fellow Texan Sam Johnson, chairs the prominent Health subcommittee and is the former leader of the Trade subcommittee. He is also the top House Republican and former chairman of the Joint Economic Committee. “...
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Washington, DC — Today, U.S. Congressman Kevin Brady (R-TX) released the following statement on passage of H.R. 3762 – Restoring Americans’ Healthcare Freedom Reconciliation Act by a vote of 240 to 189. The bill repeals major provisions of the president’s health care law and defunds abortion providers like Planned Parenthood, redirecting health funding to community health centers. “This gridlock-busting bill dismantles the controversial and unpopular Affordable Care Act, repeals Democrat tax inc...
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Washington, D.C. As the U.S. government nears its debt limit, a new analysis by the Joint Economic Committee staff shows that Congress, while under Democratic control, is responsible for 79% of the publicly-held U.S. government debt generated since World War II. The debt analysis is based on party control of Congress, inflation adjusted and attributed equally for sessions when control of Congress is split. U.S. Congressman Kevin Brady of Texas, the top House Republican on the Joint Economic Comm...
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Washington, DC – Today, U.S. Congressman Kevin Brady, (R-TX), released the following statement on the President’s veto of the National Defense Authorization Act (NDAA) for 2016, which authorizes funding for the U.S. S. Department of Defense. “The world is in chaos, with terrorism knocking on America’s door, and President Obama rejects Congress’s bipartisan call to fully fund our troops and national defense? This is dangerous and reckless. There is no worst possible time than now to hold America’...
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Washington, DC — Today, U.S. Congressman Kevin Brady, (R-TX) released the following statement on the passage of H.R. 692, The Default Prevention Act, by a vote of 235 to 194, which takes a potential default on U.S. debt off the table by requiring the Treasury Department to continue to pay U.S. debts fully and on time, including Social Security payments if the debt limit is reached. “Giving President Obama a blank check for more deficit spending is not acceptable, nor is America defaulting on its...
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Washington, DC – Congressman Kevin Brady (R-TX) today released the following statement following remarks by Ways and Means Chairman Paul Ryan before the House Republican Conference concerning his decision to run for Speaker. “Paul Ryan essentially challenged House Republicans to answer this question: Are we committed strongly enough to changing the direction of America that we will change how we do our work? To that end, can we start fresh with a redesigned Speaker’s role, more power delegated ...
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Washington, D.C. – U.S. Congressman Kevin Brady of Texas, the top House Republican on the Joint Economic Committee, made the following statement in reaction to the release of the Monthly Treasury Statement (MTS) on Thursday, October 15 showing that two new records had been set for inflation adjusted per person receipts by the federal government. “Washington is flush with dollars, collecting more money per person for the budget year and more money than any twelve-month period on record, even adju...
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Washington, DC— U.S. Congressman Kevin Brady, (R-TX) released the following statement on the publication of The Windfall Eliminations Provision: It’s Time to Correct the Math, a report by the Social Security Advisory Board. In the report the advisory board recommends Congress replace the three-decade old Windfall Elimination Provision (WEP) with a new formula that is used by Congressmen Brady and Neal’s Equal Treatment of Public Servant Act. The Equal Treatment for Public Servants Act of 2015 re...
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Washington, DC — Today U.S. Congressman Kevin Brady (R-TX), a leader on energy issues in Congress, released the following statement as the U.S. House of Representatives approved 261 to 159 a measure lifting the 40-year old ban on crude oil exports from the United States. “Imagine American-made energy coursing through a stronger U.S. economy and flowing to our allies around the world - in Ukraine, Europe and the Baltic states. This is Putin’s worst nightmare and a dream for the millions of Americ...
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