With the lack of coverage by the media, you may have missed the House of Representatives pass three important bills that will help ensure continued momentum from the Tax Cuts and Jobs Act. Dubbed Tax Reform 2.0, these bills will make permanent the tax cuts for individuals and small businesses, make it easier for families to save earlier in life and more for retirement and education costs, and help new companies move from the garage to Main Street by allowing them to write off more of their start...
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The House Ways and Means Committee, which I lead, voted to approve Tax Reform 2.0 earlier this month, clearing the way for the House of Representatives to consider the three-bill package this week and keep up the momentum created by the Tax Cuts and Jobs Act. The first bill will make permanent the individual and small business tax cuts, ensuring that families keep more of their hard-earned paychecks and giving local companies the certainty they need to invest in their workers and grow their busi...
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By: U.S. Congressman Kevin Brady In July, we received great news that the American economy had grown in the second quarter by 4.1 percent. Those numbers were recently revised, and we learned that it grew at 4.2 percent! On top of our best annual growth rate in a decade, August was another solid month of job growth with private-sector earnings up as well. There is no question the Tax Cuts and Jobs Act has changed the trajectory of our economy for the better. To keep that momentum going, the House...
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By: U.S. Congressman Kevin Brady A year ago, Hurricane Harvey made landfall, one of the worst natural disasters in the history of the United States. Hundreds of Texas families were left homeless and without resources, and 88 Texans lost their lives. In total, this devastating storm caused an estimated $125 billion or more in damages. On day one, the Texas congressional delegation took action. They worked closely with federal, state and local leaders to deliver relief to those who needed it most ...
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By: U.S. Congressman Kevin Brady August is my favorite time of the year because it means I get the opportunity to spend more time back home with you and the great folks of District Eight. This district work period – I have already hit the ground running – meeting with local businesses on the benefits of Tax Reform and receiving input on issues important to you, your family and our communities. The Lone Star State is truly proof that Tax Reform is working. In Texas alone, over 160,000 new jobs ha...
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By: U.S. Congressman Kevin Brady More incredible news for the economy last week – second quarter GDP grew at 4.1 percent thanks to a more competitive tax code and bold regulatory reforms! As families across the country are experiencing higher wages, more job opportunity and a booming economy – it’s clear the tax cuts are working, and Americans are better off now. In fact, Texans are coming out on top. People in the 8th Congressional District will see an average savings in their tax bill in 2018 ...
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By: U.S. Congressman Kevin Brady Last week the President announced his pick to replace Justice Kennedy for the United States Supreme Court. Judge Brett Kavanaugh is a very strong choice, just as Neil Gorsuch was. He is a highly qualified originalist with an exemplary record. I have no doubt he’ll strictly adhere to the Constitution and uphold the rule of law, rather than try to make law from the bench. It’s exciting to watch President Trump transform our courts through these nominations and keep...
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By: U.S. Congressman Kevin Brady Last week, when President Trump asked House Republicans to pass a bill that would turn the four pillars of his conservative immigration plan into law, I said yes. I voted for a bill that provided almost $25 billion for the construction of the wall on our southern border. The bill ended the visa lottery program and severely limited chain migration to just spouses and minor children. It also fairly resolved the DACA situation and reversed the old policy that requir...
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By: U.S. Congressman Kevin Brady A little over one year ago, I was in the hospital standing by the bedside of one of my closest friends and roommate in Washington, Louisiana Congressman and Majority Whip, Steve Scalise. A couple of hours earlier a gunman—bent on murder—had taken aim at members of the Republican baseball team who were practicing for the annual Congressional Baseball Game for Charity, a century-old bipartisan tradition. Steve was one of his victims, having been shot in the hip. Th...
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By: U.S. Congressman Kevin Brady The Department of Labor issued a report last week that the unemployment rate dropped to 3.8 percent, the lowest it’s been in 18 years. With almost one million jobs created since the Tax Cuts and Jobs Act was signed into law, there’s no question that tax cuts are having a positive impact on Main Street and American families. But despite record low unemployment rates, there are still millions of Americans on the sidelines. The Ways and Means Committee, which I lead...
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