Economy

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  • Beyer: OLC Memo Protecting Trump On Tax Returns Is “Pure Projection”
    Posted in Press Releases on June 14, 2019 | Preview rr
    Tags: Economy, Oversight of the Administration

    Rep. Don Beyer (D-VA), a Member of the House Ways and Means Committee made the following statement on the Office of Legal Counsel’s memo on [the Ways and Means] “Committee’s Request for the President’s Tax Returns,” issued Friday afternoon: “The OLC’s legal opinion is pure projection. They write that the Ways and Means Committee’s legislative purpose for seeking the President’s tax returns is ‘pretextual’ in a memo which is itself pretextual. “This so-called ‘legal opinion’ came after the Presid... Read more

  • Beyer, Schweikert, Brown Introduce Bipartisan SEA FUEL Act To Boost Energy Security of U.S. Military
    Posted in Press Releases on June 12, 2019 | Preview rr
    Tags: Defense, Climate Change and the Environment, Economy

    U.S. Representatives Don Beyer (D-VA), David Schweikert (R-AZ), and Anthony Brown (D-MD) today introduced the Securing Energy for our Armed Forces Using Engineering Leadership (SEA FUEL) Act, which would direct the Departments of Defense and Homeland Security to invest in carbon capture technology. “We have an opportunity to address both carbon emissions and military readiness with the SEA FUEL Act,” said Congressman Don Beyer. “We know that we need to address increased concentration of carbon i... Read more

  • New bill would expand low-income housing tax credit program
    Posted in Articles on June 5, 2019 | Preview rr
    Tags: Economy

    Marketwatch | A bipartisan group of lawmakers have introduced legislation in both houses of Congress to expand a well-respected housing program. The Affordable Housing Credit Improvement Act of 2019 was introduced by U.S. Senators Maria Cantwell (D-Wash), Johnny Isakson (R-Ga.), Ron Wyden (D-Ore.), and Todd Young (R-Ind.) and U.S. Representatives Suzan DelBene (D-Wash.), Kenny Marchant (R-Texas), Don Beyer (D-Va.), and Jackie Walorski (R-In.). It would increase the amount of Low Income Housing T... Read more

  • New affordable housing bill aims to add 1.9M units nationwide
    Posted in Articles on June 5, 2019 | Preview rr
    Tags: Economy

    Curbed | A bipartisan group of Senate and House legislators have proposed a sweeping bill to help solve the affordable housing issue yesterday, joining many of the Democratic presidential nominees in making housing a larger issue on the national stage, and showing the nationwide nature of the housing shortage. The Affordable Housing Credit Improvement Act of 2019 seeks to close the gap in affordable rental units across the nation. It would do so by expanding and strengthening the Affordable Hous... Read more

  • Bipartisan, Bicameral Group Introduces New Legislation to Combat Affordable Housing Crisis
    Posted in Press Releases on June 4, 2019 | Preview rr
    Tags: Economy

    As the country continues to grapple with an affordable housing and homelessness crisis, a bipartisan, bicameral group of U.S. Senators and Representatives today introduced legislation to increase investment in affordable housing and provide more resources and stronger protections for at-risk groups. The Affordable Housing Credit Improvement Act of 2019 was introduced by U.S. Senators Maria Cantwell (D-WA), Johnny Isakson (R-GA), Ron Wyden (D-OR), and Todd Young (R-IN) and U.S. Representatives Su... Read more

  • What happens now on Mexico tariffs and the USMCA
    Posted in Articles on May 31, 2019 | Preview rr
    Tags: Economy, Oversight of the Administration

    CNN | President Donald Trump sabotaged his so-called top priority, the renegotiated NAFTA, on two different fronts Thursday night. First, by angering key House Democrats with his sudden decision to start a procedural 30-day clock on the deal, in a ploy to place pressure on House Speaker Nancy Pelosi. Second, by announcing he would impose escalating tariffs on June 10 (starting at 5% and working up to 25% in October) on all goods imported from Mexico. The White House's legal justification will li... Read more

  • Trump Pushes USMCA Approval Plan in Move That Irks Pelosi
    Posted in Articles on May 30, 2019 | Preview rr
    Tags: Economy, Oversight of the Administration

    Bloomberg | The Trump administration formally notified Congress it’s moving forward with its plan to get the new Nafta approved -- a move that House Speaker Nancy Pelosi called “not a positive step” as her party weighs whether to support the deal. White House officials submitted a so-called Statement of Administrative Action, a step toward introducing legislation that would bring the United States-Mexico-Canada Agreement into force. The move starts a minimum 30-day period for consultations betwe... Read more

  • Beyer Hails Passage Of SECURE Act
    Posted in Press Releases on May 23, 2019 | Preview rr
    Tags: Economy, Veterans

    Rep. Beyer issued the following statement today after the House of Representatives passed H.R. 1994, the Setting Every Community Up for Retirement Enhancement (SECURE) Act: “This bipartisan legislation will help Americans retire with greater financial security while fixing huge problems with the GOP tax law. I’m very happy to see the near-unanimity of this bill in the House, and hope we see swift movement on it in the Senate. I also hope my Republican colleagues will take the lesson from this th... Read more

  • House Delegation Introduces Bipartisan Military Spouse Hiring Act
    Posted in Press Releases on May 23, 2019 | Preview rr
    Tags: Economy, Veterans

    Today, Representative Antonio Delgado (NY-19), along with Reps. Jimmy Panetta (CA-20), Don Beyer (VA-08), Mike Kelly (PA-16), Cathy McMorris Rodgers (WA-05), and Don Bacon (NE-02) introduced H.R. 2912, the bipartisan Military Spouse Hiring Act, legislation that incentivizes employers to hire spouses of members of the United States Armed Forces. Unemployment rates for military spouses far exceed that of the national average and this bill would help close that gap by expanding the Work Opportunity... Read more

  • Beyer Introduces Legislation To Fix Error That Raised Taxes On Survivor Benefit Payments To Children Of First Responders
    Posted in Press Releases on May 20, 2019 | Preview rr
    Tags: Economy, Veterans, Oversight of the Administration

    Rep. Don Beyer (D-VA) today introduced legislation to remedy a change in tax code which drastically increased tax burdens on the child survivors of first responders. The tax increase, caused by the 2017 GOP tax bill, was brought to Beyer’s attention by a constituent whose family members, the children of a deceased firefighter, had been hit with such a tax increase. “Fixing this unfair tax hike on the children of first responders is the right thing to do,” said Rep. Beyer. “This problem with the ... Read more