September 7, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA) today introduced the Green Vehicle Adoption Nationwide (VAN) Act, which would provide tax credits for the purchase of zero-emission commercial vehicles from work vans to heavy duty trucks. “The Green VAN Act would make a big dent in American emissions and help restore our leadership on the climate crisis,” said Rep. Beyer. “Commercial ve... Read more »
Washington, D.C. - Today, Reps. John B. Larson (CT-01), Suzan DelBene (WA-01), and Donald Beyer (VA-08) introduced the Clean Hydrogen Production and Investment Tax Credit Act of 2021. This bill would spur the development of clean energy by providing a tax credit to companies that reduce carbon emissions by producing “green” and “blue” hydrogen. By incentivizing the creation of these cleaner fuels ... Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 235,000 in August and the unemployment rate was 5.2%. The unemployment rate was 8.8% for Black workers, 6.4% for Hispanic workers and 4.6% for Asian workers. “Today’s jobs... Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), issued the following statement following the House adoption of legislation that included a measure approving S. Con. Res. 14, a continuing budget resolution: “Today’s House vote puts Congress one step closer to passing the Build Back Better Act, to put workers and families first. With this vote, the ... Read more »
“The latest report from the Intergovernmental Panel on Climate Change underscores the dire consequences of further delays on climate action. We now know that the climate crisis is both more severe and worsening more quickly than was understood just a few years ago. Across the country, we are already experiencing its harmful effects, and as a nation, we cannot afford the cost of inaction. “We’ve se... Read more »
WASHINGTON, D.C. — Today, United States Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine), and United States Representative Don Beyer (D-Va.) announced bicameral legislation to ensure America’s largest corporations pay their fair share and prevent them from paying nothing in federal taxes. The Real Corporate Profits Tax Act of 2021 would create a fairer tax system and stronger economy b... Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of second quarter gross domestic product (GDP) growth of 6.5% on an annualized basis. Visit the JEC’s Macroeconomic Dashboard to view the latest economic data. “Today’s announcement of continued... Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of second quarter gross domestic product (GDP) growth of 6.5% on an annualized basis. Visit the JEC’s Macroeconomic Dashboard to view the latest economic data. “Today’s announcement of continued... Read more »
July 28, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA) today introduced the Digital Asset Market Structure and Investor Protection Act, legislation that would protect consumers and promote innovation by incorporating digital assets into existing financial regulatory structures. “Innovation in the digital asset sector is creating new goods and services every day as well as many new, high-quality ... Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement in response to today’s first monthly payment of the expanded Child Tax Credit (CTC): “The expansion of the Child Tax Credit, included in the American Rescue Plan Congress passed last spring, is the biggest investment in children and families in a generation and puts p... Read more »
