Washington, D.C. – U.S. Congressman Kevin Brady of Texas, the top House Republican on the Joint Economic Committee, made the following statement upon today’s Statement from the Federal Open Market Committee (FOMC), which indicates the FOMC has once again deferred normalizing monetary policy. “Today’s FOMC decision has less to do with the underlying weakness of the economy than the timidity of the Fed to take the first necessary step to normalize monetary policy. As long as the Fed remains fearfu...
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Washington, DC — Today Ways and Means Health Subcommittee Members Kevin Brady (R-TX), Sam Johnson (R-TX), and Kenny Marchant (R-TX) released the following joint statement on a new peer-reviewed study published by the British Medical Journal which concluded that physician-owned hospitals are not cherry-picking patients or limiting themselves to the most lucrative types of procedures and operations. "Physician-owned hospitals in America provide our communities with access to high-quality health ca...
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Washington, D.C. – U.S. Congressman Kevin Brady of Texas, the Vice Chairman of the Joint Economic Committee, made the following statement based upon today’s release of the Employment Situation Report for August 2015 by the Bureau of Labor Statistics (BLS), which reported an increase of 173,000 nonfarm payroll jobs (140,000 in the private sector) and that the unemployment rate fell to 5.1%: “America is looking for a strong sustained recovery, so from that standpoint the jobs numbers are just lous...
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Washington, DC —Congressman Kevin Brady (R-TX), Congresswoman Diane Black (R-TN), Congresswoman Cathy McMorris Rodgers (R-WA), and Congressman Earl Blumenauer (D-WA) released the following joint statement on the recently released plans by the Centers for Medicare and Medicaid Services (CMS) and the Centers for Medicare and Medicaid Innovation (CMMI) to create a five-year value based insurance design (VBID) demonstration across seven states. “We are encouraged to see that the agency is finally ac...
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Washington, D.C. – U.S. Congressman Kevin Brady of Texas, the Vice Chairman of the Joint Economic Committee, made the following statement based upon today’s release of the Employment Situation Report for July 2015 by the Bureau of Labor Statistics (BLS), which reported an increase of 215,000 nonfarm payroll jobs (210,000 in the private sector) and that the unemployment rate was unchanged at 5.3 percent. BLS also reported that the labor force participation rate was unchanged at 62.6 percent, the...
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The Woodlands, Texas — Congressman Kevin Brady, (R-TX) released the following statement on the Fifth Circuit Court of Appeals ruling that Texas’ voter ID law violates Section 2 of the Voting Rights Act. “I’m disappointed with the Court’s decision. This rule opens the door to voter fraud and weakens the integrity of elections. Texas will continue to fight to maintain a fair and free democratic process.” Background: In an unanimous decision, a three-judge panel ruled that the measure violated Sect...
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The Woodlands, Texas — Today U.S. Congressman Kevin Brady, Chairman of the Health Subcommittee of Ways and Means, released the following statement on the fifth video released by the Center for Medical Progress. “We cannot wait any longer to end Federal funding of Planned Parenthood as they continue to profit from these gruesome and inhumane procedures. Whether you are pro-choice or strongly pro-life as I am, Americans have agreed that harvesting the organs and tissues of aborted babies for profi...
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Washington, DC — Congressman Kevin Brady (R-TX), top House Republican on the Joint Economic Committee, issued the following statement on the passage of H.R. 2912, the Centennial Monetary Commission Act of 2015, through the House Financial Services Committee. The bill would establish a bipartisan Commission to review the history of the Federal Reserve during its first century and recommend the best framework for monetary policy going forward so that the United States will enjoy the world’s strong...
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Washington, DC — Congressman Kevin Brady, (R-TX) and Congresswoman Cathy McMorris Rodgers (R-Wash), today sent a letter to Eugene Dodaro, Comptroller General of the United States and head of the U.S. Government Accountability Office to evaluate the current structure of our Graduate Medical Education (GME) programs and provide recommendations for improvements. The letter was signed by 27 members of both the House Ways and Means and Energy and Commerce Committees. Congressman Brady noted, “Taxpay...
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