Economy

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  • Trump Budget a Republican Lowlight Reel
    Posted in Press Releases on March 16, 2017 | Preview rr
    Tags: Defense, Healthcare, Equality, Climate Change and the Environment, Economy, Immigration, Federal Employees, Transportation

    Rep. Don Beyer (D-VA) compiled the following lowlight reel from President Trump’s first attempt at a budget blueprint. "Budgets reflect values. President Trump wants to spend more on defense and border security while making huge cuts to what they defend: our people, our health, and our environment. These extreme cuts will hit my constituents particularly hard, including many federal workers at the State Department and Environmental Protection Agency. But their pain will be felt across the entire... Read more

  • Beyer Statement On His Vote Against the Continuing Resolution
    Posted in Press Releases on December 8, 2016 | Preview rr
    Tags: Climate Change and the Environment, Economy, Federal Employees

    Congressman Don Beyer (D-VA) issued the following statement today on his vote against final passage of the continuing resolution (CR): I voted today against the continuing resolution (CR), which would fund the U.S. government for four months. Although there are components of the CR that I support, such as funding for Flint, Michigan’s water crisis, the CR also all-too-conveniently sets the stage for a more conservative and destructive long-term funding vehicle come April. Today’s effort was a le... Read more

  • After Election, I Will Not Compromise on Values
    Posted in Opinion Pieces on December 6, 2016 | Preview rr
    Tags: Healthcare, Equality, Climate Change and the Environment, Economy, Immigration, Federal Employees, Women's Economic Empowerment

    Since the election, I have heard from many constituents who are concerned about the Trump presidency or uncertain about his policies and plans. I share many of these concerns and questions. As ever, I will listen to my colleagues from across the aisle, and will consider reasonable policy proposals, even if I do not fully agree with them. But I will not compromise on our basic values. I will forcefully oppose plans to privatize and cut Medicare, or strip healthcare coverage from millions of Ameri... Read more

  • Beyer’s Outdoor REC Act Passes the House
    Posted in Press Releases on November 15, 2016 | Preview rr
    Tags: Climate Change and the Environment, Economy

    Rep. Don Beyer’s (D-VA) Outdoor Recreation’s Economic Contributions (REC) Act passed the House of Representatives last night. The REC Act would direct the Department of Commerce’s Bureau of Economic Analysis (BEA) to assess the outdoor industry’s contribution to job creation and consumer spending. “With this vote, we can finally recognize the outdoor recreation industry’s enormous contribution to the U.S. economy,” said Rep. Don Beyer. “This data is critical to crafting sound environmental and r... Read more

  • Rep. Beyer Statement on Majority’s Anti-Climate Bill
    Posted in Press Releases on June 10, 2016 | Preview rr
    Tags: Climate Change and the Environment, Economy

    Congressman Don Beyer released the following statement on his vote against the H.Con.Res. 89, which expresses the sense of Congress that a carbon tax is detrimental to the United States economy: Read more

  • Beyer Commends Finalized Department of Labor Overtime Rule
    Posted in Press Releases on May 18, 2016 | Preview rr
    Tags: Economy

    The Department of Labor (DOL) today issued its final ruling to adjust eligibility for overtime labor among salaried workers under the Fair Labor Standards Act. Congressman Beyer welcomed the DOL’s expansion of overtime protections, which will give an estimated 4 million workers a raise in pay. “Today’s announcement by DOL will greatly expand earning power for working families,” said Rep. Don Beyer. “These updates to existing overtime regulations will help to grow and strengthen the middle class,... Read more

  • Rep. Beyer Backs Labor Rule to Protect Savings
    Posted in Press Releases on April 6, 2016 | Preview rr
    Tags: Economy

    Congressman Don Beyer released the following statement after Secretary Tom Perez announced the Department of Labor’s new rule to protect low and middle income Americans planning for their retirement from conflicted financial advice: “I strongly support the Department of Labor’s final conflict of interest rule. Secretary Perez has done remarkable work to protect retirement savers and ensure that they get advice that is in their best interest. This is of particular import to the moderate and low i... Read more

  • Beyer, Commerce Secretaries Celebrate Startup Day at Crystal City’s 1776
    Posted in Press Releases on August 14, 2015 | Preview rr
    Tags: Economy

    Congressman Don Beyer, U.S. Deputy Secretary of Commerce Bruce Andrews, and Deputy Assistant Secretary of Commerce for Economic Development Matt S. Erskine, visited 1776 yesterday for a roundtable and walkthrough at the incubator and venture fund’s recently opened Crystal City location as part of Start-Up Day Across America. “Startups, here in Northern Virginia and across the United States, fuel the kind of innovation we need to create a sustainable new American economy,” said Rep. Beyer. “They ... Read more

  • Resources for Startups
    Posted in Blog on August 13, 2015 | Preview rr
    Tags: Economy

    What the Department of Commerce Can Do For Your Startup Congressman Don Beyer, U.S. Deputy Secretary of Commerce Bruce Andrews, and Deputy Assistant Secretary of Commerce for Economic Development Matt S. Erskine, visited 1776 this afternoon for a roundtable and walkthrough at the incubator and venture fund’s recently opened Crystal City location. Beyer, Deputy Secretary Andrews, and Deputy Assistant Secretary Erskine engaged with small business and tech leaders to highlight federal resources ava... Read more

  • Beyer Statement on Fannie Mae and Freddie Mac CEO Salary
    Posted in Press Releases on July 2, 2015 | Preview rr
    Tags: Economy

    Congressman Don Beyer reacted harshly to news that the CEOs of Fannie Mae and Freddie Mac would receive $4 million salaries, far above the $600,000 cap imposed on the lending giants after they were bailed out by the federal government: "It is inexplicable that the government backed Fannie and Freddie want to raise their CEOs pay less than a decade after American taxpayers were forced to bail them out. These enterprises exist to streamline home ownership for Americans by broadening the mortgage m... Read more