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.
House Speaker Paul Ryan sensationally pulled his Obamacare repeal bill from the floor Friday, a day after President Donald Trump had threatened to walk away from health care reform if he didn't get a vote.
For the past eight years, we have seen something not seen since the Hoover Administration: no year in which economic growth has hit the 3% mark. We have had a recovery but it is the slowest on record and it was not fast...
This morning I delivered the following opening statement at a Full Committee markup of Budget Reconciliation Recommendations to Repeal and Replace Obamacare.
When looking for a model economy, Washington would be wise to look no further than Texas. The “great American jobs machine,” as we’re affectionately known, has been the economic engine that pulled our country out of the...
For the past eight years we heard from a president who offered empty promises and who refused to address the failures of his administration. Tonight, on the other hand, the American people heard from a president who stands...
Last week I participated in several events in the Rio Grande Valley, where I visited with agriculture leaders, business owners, and border mayors, and received briefings from U.S. Border Patrol (USBP) Rio Grande Valley...
Yesterday, I visited XTO Energy and Pioneer Natural Resources facilities to get a firsthand look at energy development activities in the Permian Basin region.
This week, the House will vote on two bills I cosponsored to help veterans after they finish their military service. Our veterans fought hard to protect our freedom, and upon their return, we must fight to ensure that they...
After months of work, it looks like the last federal stumbling block to the new Harbor Bridge has been dealt with. On Feb. 3, the Federal Highway Administration (FHWA) entered into a letter agreement that moves the project...
Senate Judiciary Committee Chairman Chuck Grassley of Iowa and I introduced legislation Monday to reduce frivolous lawsuits that bog down the United States legal system and cost businesses billions of dollars every year. ...
Whether it is the food we eat, the cars we drive, the light bulbs we use to light our homes, or the clothing we wear, every American household is impacted every single day by the activity of our ports.
Little attention is being paid to the threat to food prices from a drop in immigrant labor. What is known so far is generally anecdotal and regional. But the impact of a nationwide hit to the supply of workers could be large...
In his Joint Address this week, President Trump called for bold tax reform that will allow our country to “compete and thrive anywhere and with anyone.” That’s why House Republicans are going bold on tax reform in 2017.
Recent threats targeting Jewish Community Centers and vandalism of Jewish cemeteries, as well as last week's shooting in Kansas City, remind us that while we may be a Nation divided on policies, we are a country that stands...
Today on the Senate floor, I previewed President Trump’s Address to a Joint Session of Congress tonight. Excerpts of my remarks are below, and video of my remarks can be found here.
This past summer President Obama threatened to put Britain “at the back of the queue” for a trade deal with the United States should the British vote to leave the European Union and reclaim their independence. Despite such...
Today on the Senate floor, I discussed the importance of international trade to the U.S and Texas economies. Excerpts of my remarks are below, and video can be found here.
The proposed Trump economic plan resembles the Harding/Coolidge economic plans of the 1920s. The Harding and Coolidge era is often overlooked or considered a cause of the Great Depression. Did Harding/Coolidge economics...
Even before last Friday’s executive order on immigration, lawyers told Tim Wilson not to bother hiring a Vietnamese national—an expert in “nanoscale structured material”—for a Silicon Valley startup.The reason? Given the...
While some top state leaders like Lt. Gov. Dan Patrick, Ken Paxton and now Straus have spoken up on the legislation, Abbott has kept his opinions mostly under wraps, previously saying that he’d like to see the details.

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