Economy

It is no accident that Texas consistently leads the nation in job creation. Some have described this economic powerhouse as a "Texas Miracle." But, we know better than that. The Texas Economic Experience is rooted in concepts and principles that will work anywhere they're tried: Keeping taxes low, creating a predictable regulatory climate, cracking down on lawsuit abuse, and investing in critical infrastructure like roads, water and schools in a fiscally responsible way.
President Trump's plan to seal the border poses difficulties for companies that might bid for the job. Divestment or blacklisting legislation has been proposed in seven states.
Looking at the Trump Tax Plan, what grabs you is how the corporate rate is similar to Ted Cruz’s business tax rates, which were proposed in the primary, and how similar Trump’s individual tax plan is to Marco Rubio’s while...
Democratic activists have a "brilliant" idea (not) to give us a state income tax. To be clear, none of the current major taxes go away and why should they? Paternal government knows better than you, so we need to give them...
Last week, President Donald Trump came out with a plan for tax reform that lowers the corporate tax rate and simplifies taxes for individuals. Now, the House Ways and Means Committee has to get down to the hard work of...
On Wednesday, I introduced the H.R. 2152, the Citizens Right to Know Act. 
As a lifelong Republican and as a Texas business leader, I’m asking the Texas Legislature to make the common-sense choice for our state: oppose discriminatory legislation that takes us backwards.
Today on the Senate floor I underscored the need for pro-growth tax reform in advance of the release of today’s blueprint from the Administration. Excerpts of my remarks are below, and video of my remarks can be found here...
This past weekend I toured former President Ronald Reagan's ranch in the mountains near Santa Barbara, California. Beautifully preserved for future generations by the Young America's Foundation, this modest cabin that...
I am here today because legislation that is being proposed will impact our beloved church community. 
U.S. Representative Henry Cuellar (TX-28) and I released the following statements after U.S.
Steel and iron producers in Texas are hoping that before the legislative session ends this month, lawmakers will approve a bill prohibiting the use of cheaper foreign steel in taxpayer-funded construction unless a certain...
The U.S. job market rebounded strongly last month and the unemployment rate fell to the lowest level seen in a decade, government data released Friday morning showed, calming fears that had bubbled up in the past month about...
As Chairman of the House Committee on Rules, I recently released the following statement in support of a measure to allow private-sector employers to offer employees the choice of paid time off in lieu of cash wages for...
For a generation of sports fans, ESPN was the king of sports broadcasting. From the early 1990s, ESPN was edgy with sports announcers like Dan Patrick and Keith Olbermann who combined humor and irrelevance in their sports...
Historic, bold tax reform is what Texans have waited years for and Wednesday they have a White House, the House and the Senate all moving in the same direction.
The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history -- with cuts that would benefit businesses, the middle class and certain high-earning individuals -- but left unanswered...
As the Texas Senate was getting down to work on the “bathroom bill,” Dr. Steve Hotze, an anti-gay activist and longtime business partner of Lt. Gov.
With another stressful Tax Day behind us, House Republicans are continuing to move full steam ahead on our plan to completely overhaul America’s broken tax code.
When I’m not in Washington, I like to make sure I’m up-to-date on what’s going on in the area. Last week, I did this by meeting with constituents, students and teachers, local leaders, business owners, employees and Texas...
Travel and tourism is an important source of economic activity. Every year, millions of visitors to Texas spend billions of dollars in the state, and hundreds of thousands of individuals across Texas are employed in travel-...

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