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.
Yesterday, I  filed an amendment to the Senate’s tax reform bill that seeks to expand 529 College Savings Plans to include K-12 elementary and secondary school tuition for public, private, and religious schools, including K-...
The Congressional PORTS Caucus, Co-Chaired by Reps. Alan Lowenthal (CA-47) and I, hosted a Congressional briefing to discuss how our nation’s ports prepare for hurricanes, their relief efforts, and the federal government’s...
In previous columns, I discussed the failure of the Climate Alarmist’s science as well as the designation of many within the alarmist’s camp that real problem is not CO2 levels but living human beings, who are all CO2...
SAN ANTONIO – Facing uncertainty brought on by President Donald Trump’s talk of scrapping the North American Free Trade Agreement, Texas business leaders on Monday asked Sen.
In a low turnout election, a small percentage of voters voted for all of the $1.495 billion City of Houston bond issues.TCR has been quite clear about the fiscal irresponsibility of these bonds and the negative impact it...
The U.S. House of Representatives – the People’s House – took action last week on the most transformational tax overhaul in a generation. This legislation brings us one step closer to delivering bold, pro-growth, pro-family...
Today I voted in support of The Tax Cuts and Jobs Act, which raises take-home pay and creates jobs. The bill passed 227-205.
Texas Association of Business released their legislator scorecard this morning. This scorecard, called For the Record, is a ranking of all Texas legislators based on how they voted for pro-business policies in the...
Recently on the Senate floor, I urged my Democrat colleagues in the Senate to join the Republican effort to overhaul our outdated tax code and continue their support for tax reform principals they have endorsed in the past...
The U.S. Senate took a major step forward for tax reform and the American people early Saturday morning. For the first time in 31 years, the House and the Senate have each passed legislation that will deliver real tax relief...
The Senate passed the Tax Cuts and Jobs Act today.
Today at a press conference, I discussed what tax reform legislation means for the American economy and the importance of passing the Senate’s Tax Cuts and Jobs Act. Excerpts of my remarks are below, and video of my remarks...
Last week, the Federal Communications Commission announced plans to dismantle net neutrality, potentially giving internet providers like Comcast, Verizon, and AT&T free reign to throttle speeds, block websites they don’t...
Over a quarter of immigrant day laborers became victims of wage theft while helping Houstonians rebuild after Hurricane Harvey. A new report highlights problems faced by disaster recover workers — so-called second responders...
I released the following statement applauding the passage of the pro-growth tax reform package:
President Trump’s energy agenda assures a bright future for Americans. He and his delegation did an amazing job defending free market capitalism, national sovereignty, and our standard of living in Bonn without pandering to...
Last Thursday, the Senate Finance Committee introduced our proposal that would enable more Americans to keep more of their hard-earned paychecks and send less of their money to Uncle Sam here in Washington, D.C.
I released the following statement after supporting a measure to amend the Securities Act of 1933 to exempt certain micro-offerings from the Act's registration requirements:
The Republican tax proposal is now public and while the overall plan will prove beneficial to the economy many challenges remain. The individual tax rates will lower middle class taxes by doubling standard deductions and...

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