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Brady Statement on 4th Quarter GDP Report

January 29, 2016 — Press Releases

WASHINGTON, D.C. - Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) released the following statement regarding the fourth-quarter GDP report. "It's been almost seven years since the Obama 'recovery' began and our economy is barely out of neutral. Why does America have to settle for ...

Obama Economy: Slower Growth and Rising Debt

January 19, 2016 — Press Releases

Washington, DC — Today, the nonpartisan Congressional Budget Office (CBO) released a summary of its annual budget and economic outlook. The report, issuing a forecast through 2026, projects slower economic growth and the return of growing deficits. CBO lowered their economic growth forecast for 2016 from 3.1 percent to 2.7 percent and estimates that the deficit will rise to ...