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Economy

New Dem Trade & Tariffs Task Force Chair Don Beyer Slams Declaration to Withdraw from USMCA, Urge Strengthening of Trilateral Agreement through Joint Review

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Tags: Economy

Today, New Democrat Coalition Trade & Tariffs Task Force Chair Don Beyer (VA-08) issued a statement on the start of the joint review process of the United States-Mexico-Canada Agreement (USMCA) urging Trump Administration officials to maintain and build on the seminal trade agreement rather than withdraw and throw the U.S. and regional economy into chaos. The failure to renew the…

Beyer, Fitzpatrick, Houlahan Reintroduce Legislation to Provide Paid Family and Medical Leave for Federal Employees

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U.S. Representatives Don Beyer (D-VA), Brian Fitzpatrick (R-PA), and Chrissy Houlahan (D-PA) today reintroduced the Comprehensive Paid Leave for Federal Employees Act, bipartisan legislation to expand federal paid leave to include 12 weeks of family and medical leave. Under current law, federal employees are eligible for paid parental leave, but family and medical leave continues to be…

As Inflation Surges, Republicans in Congress Are Looking the Other Way

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Tags: Economy

Congressman Don Beyer (D-VA), who serves on the House Ways and Means Committee and as Senior House Democrat on Congress’ Joint Economic Committee, today released the following statement after the U.S. Bureau of Labor Statistics (BLS)’ Consumer Price Index report showed inflation rising 4.2 percent over the past year and 0.5 percent in May alone, the highest annual inflation rate since…

Beyer Hails Passage Of Major Housing Legislation

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Congressman Don Beyer (D-VA), who serves as Senior House Democrat on Congress’ Joint Economic Committee and as a member of the House Committee on Ways and Means, today hailed the U.S. House’s passage of landmark housing legislation. The 21st Century ROAD to Housing Act passed the House with an overwhelmingly bipartisan vote of 396-13. The bill, which now returns to the Senate, would…

Beyer, Kelly, Cramer, Coons Introduce Charity Parity Act

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Congressman Don Beyer (D-VA), Congressman Mike Kelly (R-PA), Senator Cramer (R-ND), and Senator Chris Coons (D-DE) today introduced the Charity Parity Act, which would allow taxpayers to make direct qualified charitable distributions (QCDs) from their employer sponsored retirement plans. Currently, retirement savers can exclude up to $111,000 in QCDs from their gross income annually.…

Trump’s War Drives Painful Price Spikes

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Tags: Economy

Inflation data released by the Trump Administration today via the U.S. Bureau of Labor Statistics (BLS) showed prices surging, as inflation reached the highest levels in three years. The latest Consumer Price Index (CPI) report found that prices rose at an annual rate of 3.8 percent in April. The increase was driven by skyrocketing fuel and gas prices amid President Trump’s unpopular war…

SEEC Slams Republican Farm Bill’s Failure to Help America’s Farmers

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The leaders of the House Sustainable Energy and Environment Coalition (SEEC), including Co-Chairs Reps. Doris Matsui, Mike Quigley, and Paul Tonko and Vice Chairs Reps. Don Beyer, Suzanne Bonamici, Sean Casten, Mike Levin, and Chellie Pingree, released the following statement in response to the House passage of the Republican-led Farm,…

Beyer Hails Historic Virginia Paid Leave Law

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Congressman Don Beyer (D-VA), today hailed the enactment of a new paid family and medical leave law in Virginia, passed by the General Assembly and signed into law by Governor Abigail Spanberger yesterday. “I am overjoyed that Virginia has joined the ranks of states guaranteeing paid leave. This is a historic step forward by Governor Spanberger and the General Assembly for affordability,…

Schakowsky, Casten, Beyer Reintroduce Energy Consumer Protection Act to Crack Down on Market Manipulation

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Today, U.S. Representatives Jan Schakowsky (IL-09), Sean Casten (IL-06), and Don Beyer (VA-08) reintroduced the Energy Consumer Protection Act, bicameral legislation aimed at strengthening federal oversight of energy markets and protecting consumers from price manipulation. The legislation would provide the Federal Energy Regulatory Commission (FERC) with additional authority to ban…

House Democrats Demand Immediate Reinstatement of State Department Energy Bureau and Staff as Iran War Drives Energy Cost Spike

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Congressman Don Beyer (D-VA) today led 16 House Democrats in urging the immediate reinstatement of the State Department’s Bureau of Energy Resources and its personnel amid severe disruptions following the closure of the Strait of Hormuz and damage to key energy infrastructure caused by the Trump administration’s reckless war of choice in Iran, which has intensified volatility in global…