CLICK HERE to read the full op-ed. Following the largest emergency aid package in American history, Congress is working to craft a smaller, more targeted follow-on package to help accelerate a return to healthy lives and a healthy economy. The May and June monthly jobs reports smashed expectations, but the U.S. faces immediate economic headwinds from COVID flare-ups, extended lockdowns by Democratic governors and mayors, looting and violence in major cities, and uncertainty about the economic re...
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Washington, D.C. — The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) issued the following statement after the Bureau of Economic Analysis released its report on Gross Domestic Product (GDP) in the second quarter of 2020: “Today’s GDP report showing a historic decline of 32.9% in GDP between April and June was expected, and underscores the importance of restoring a healthy economy and healthy lives. Congress should act on Ways and Means Republican proposals that drive st...
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Washington, D.C. – The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after President Trump issued an executive order aimed at lowering drug prices: “I applaud President Trump for fighting to lower drug prices, and I believe the one-month delay on international pricing is an opportunity for the President to work with medical innovators to lower drug prices without harming innovation. In support of our shared goal of making drugs affordabl...
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ICYMI: Congressman Kevin Brady joined KTRH news to discuss the next round of stimulus legislation, his actions to make sure Congressional funding gets to local communities, the President's efforts to uphold law and order, and the importance of wearing masks. Click here or above to listen to the full interview. On the next stimulus package: “It’s important Congress does not go on a huge spending spree. The truth is we’ve already spent over three trillion dollars, much of which hasn’t yet been spe...
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Washington, D.C. – Republicans on the House Ways and Means Committee unveiled a series of bills today that are part of Republicans’ agenda for economic growth and increasing American innovation in U.S. medicines and cures as we continue to fight the novel coronavirus. “America can be the world leader in innovation if we focus on economic growth and making the U.S. medically independent. We have an agenda for a healthy American economy, and it starts with bringing manufacturing back to the United...
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House Ways and Means Republican Leader Kevin Brady (R-TX) joined CNBC’s “Squawk Box” to talk about last week’s encouraging jobs report, how we can continue to support local businesses, and helping workers return to work safely. Key excerpts: “We are fortunate that the reopening states have some of the lowest COVID fatalities per person. Of the top ten states, the safest rates are in Texas, California, Florida, Georgia and Arizona. The deadliest COVID rates are in the lockdown states; New York, ...
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Important update for small businesses: the deadline to apply for the Paycheck Protection Program (PPP) has been extended. Starting today, July 6th, small businesses can once again apply for loans through the PPP.The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020.Already, more than 4.8 million PPP applications have been approved for a total of more than $521 billion in relief loans. WATCH: Congressman Brady explains why the Paycheck Protection Program is crucial t...
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WASHINGTON, D.C. – The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement in response to the Labor Department’s June jobs report: “Reopening the economy responsibly is vital to help Americans return to their lives. "With 4.8 million jobs added in June on top of the 2.7 million jobs added in May, we’ve smashed expectations and are on the right track. "States and local businesses can work together to achieve healthy lives and a healthy economy....
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Congressman Kevin Brady joined KPRC's Khambrel Marshall on Houston Newsmakers to discuss Texas' response to COVID-19, the need to get unemployed American back to work, and what Republicans are doing to enact meaningful police reforms. Click here or above to watch to the full interview. On Texas’ Smart Response to COVID-19: I think we really have to refocus on what we know works – like social distancing, personal hygiene, self-monitoring, and the masks that helps protect others. We’ve been reall...
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Washington, D.C. -- The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after Treasury Secretary Steven Mnuchin sent a letter to four European finance ministers warning them not to press forward with plans for new digital taxes: “I agree with Secretary Mnuchin that this is not the time to be imposing a punitive new tax on mainly U.S. companies--which also erodes America’s tax base, making it more difficult to meet the long-term needs of ou...
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