WASHINGTON, D.C. – Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) released the following statement in response to the Labor Department’s December 2017 jobs report:
“Our economy continued to make progress last month, rounding out a steady year of job growth for hardworking Americans. With a new tax code that’s built for growth, 2018 stands to be an even better year for creating good-paying jobs, increasing paychecks, and helping our businesses compete and win here at home and around the world. The Tax Cuts and Jobs Act is already making a meaningful difference in people’s lives as businesses across the country announce more bonuses, higher wages, and investments in growing their workforce as a result of the new law. I’m confident this trend will continue as job creators experience the full effects of our new tax code.”
Note: The U.S. Department of Labor reported today that the economy added 148,000 jobs in December and the unemployment rate was 4.1 percent.