Taxes and Economy
During my time in Congress, I have worked to reset the nation's regulatory climate to free the American economy from the constricting rules of unelected bureaucrats and to pass a meaningful tax reform package to give financial relief to American families and businesses. We have seen many positive results. I will continue working with my colleagues and President Trump to help facilitate similar job-creation trends and roll back overreaching regulations.
More on Taxes and Economy
Rep. Andy Biggs | Fox News
The recently announced budget deal by congressional leadership – combined with the 87th debt ceiling increase since 1959 – is a bad deal for the future of all Americans.
GILBERT, ARIZONA – This week, the Congressional Budget Office released its report for the Effects on Employment and Family Income of Increasing the Federal Minimum Wage. This report specifically examines how increasing the federal minimum wage to $10, $12, or $15 per hour by 2025 would affect employment and family income.
Some disturbing revelations from the report include:
GILBERT, ARIZONA – Today, the Department of Labor released the jobs report for the month of June, showing that the economy added 224,000 jobs, that wage earnings rose 3.1% over a year ago, and that the unemployment rate remained well under 4%. Congressman Biggs released the following statement:
WASHINGTON, D.C. – Today, the U.S. Treasury Department released the Monthly Treasury Statement for May 2019. The data shows that government revenues have increased for FY 2019 (in large part due to tax collections), but that government spending has increased almost 10% during the same period. Interest on the national debt has cost the United States over $354 billion during FY 2019, and is estimated to run over $593 billion by the end of the fiscal year. Congressman Biggs released the following statement:
GILBERT, ARIZONA – Today, the Department of Labor released the May 2019 Employment Situation report. Congressman Biggs released the following statement:
WASHINGTON, D.C. – Today, Congressman Biggs introduced the Freedom for Small Businesses Act to lower the maximum tax rate on small business revenue to 21 percent—the same low rate that major corporations have been benefiting from since the Tax Cuts and Jobs Act was signed into law. Congressman Biggs and Club for Growth President David McIntosh issued the following statements:
GILBERT, ARIZONA – Today, the U.S. Labor Department reported that 263,000 jobs were added in April, with unemployment decreasing to 3.6%. Congressman Biggs issued the following statement:
GILBERT, ARIZONA - The U.S. Senate passed its tax reform package early this morning, setting up a conference to reconcile differences between the bills. Congressman Biggs released the following statement:
WASHINGTON, D.C. - Today, Congressman Andy Biggs transmitted a letter to House Speaker Paul Ryan and House Ways and Means Chairman Kevin Brady, outlining three suggested changes to the tax reform package.
Read the full text of the letter:
November 7, 2017
The Honorable Paul Ryan
Speaker of the House of Representatives
H-232 The Capitol
Washington, D.C. 20515