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 October 2018 jobs report:
“This strong report marks over 2,100,000 jobs that have been created since our new tax code became law – and that is worth celebrating. Just this last week, we have also seen workers’ pay rise at the fastest pace in a decade, increased productivity, and another strong quarter of growth for America. While Democrats again this week pledged to raise taxes on hardworking Americans and take more money away from Main Street businesses, Republicans know our workers deserve a pro-growth economy like the one we’re seeing that truly works for them. We look forward to building on this success in the 116th Congress.”
Note: The U.S. Department of Labor reported today that the economy added 250,000 jobs in October and the unemployment rate was 3.7 percent.