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Economy

Beyer Statement On The Washington Post

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Tags: Economy

Congressman Don Beyer (D-VA), who represents a Northern Virginia district in the Washington, D.C. suburbs in the U.S. House, today issued the following statement after the announcement of mass layoffs at the Washington Post, which reportedly included the elimination of substantial portions of the newspaper’s desks covering local and regional news, international news, sports, and the arts,…

“Warsh Can’t Just Get A Rubber Stamp” – Joint Economic Committee Senior House Dem. Beyer

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Congressman Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee and member of the House Committee on Ways and Means, today urged the Senate to subject President Trump’s Fed Chair nominee, Kevin Warsh, to “hard questions about independence and monetary policy.”  Beyer said: “Trump chose Kevin Warsh for Fed Chair because his father-in-law is a…

Beyer Opposes Appropriations Minibus

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Congressman Don Beyer (D-VA) today issued the following statement on his votes in the U.S. House against both pieces of the FY26 appropriations “minibus,” including the Department of Homeland Security Appropriations Act and the Consolidated Appropriations Act: “The Department of Homeland Security under Donald Trump and Kristi Noem is a lawless, corrupt organization that is bringing…

American Families Spent Over $1,600 More Because of Inflation During Trump’s First Year, Per New Report From Congress’ Joint Economic Committee

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Tags: Economy

Today, one year since President Trump began his term, the Joint Economic Committee – Minority released a new report finding that during his first year in office, families spent $1,625 more on average due to inflation.  During his campaign, Trump repeatedly pledged that his administration would “end inflation,” and falsely claimed just recently that…

Democratic Ways And Means Committee Members Seek Clarity From IRS On “Bags Of Cash” Tax Treatment Under Republican Tax Law

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U.S. Representatives Don Beyer (D-VA), Lloyd Doggett (D-TX), Linda Sanchez (D-CA), Judy Chu (D-CA), and Brad Schneider (D-IL), all of whom serve on the House Committee on Ways and Means, yesterday wrote to the Internal Revenue Service (IRS) requesting clarity on IRS guidance for the “no tax on tips” provision of H.R. 1, the “One Big Beautiful Bill Act,” tax legislation enacted last…

Bipartisan Leaders of the Joint Economic Committee Issue Requests to Federal Agencies on Efforts to Crack Down on Overseas Scam Networks

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U.S. Congress Joint Economic Committee Chairman David Schweikert (R-AZ), Ranking Member Maggie Hassan (D-NH), Vice Chairman Eric Schmitt (R-MO), and Senior House Democrat Don Beyer (D-VA) today issued requests to federal agencies for information on their efforts to crack down on overseas scam networks that steal from Americans.  Last year alone, Americans lost an estimated…

Beyer On Disastrous Jobs Report: “This Is Not An A++++ Economy”

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Tags: Economy

Today the U.S. Bureau of Labor Statistics (BLS) issued its November jobs report, which found that the unemployment rate rose to 4.6 percent, the highest level since the pandemic, while the economy lost jobs on balance over the months of October (-108,000 jobs) and November (+64,000 jobs). In the seven months since President Trump’s tariffs took effect, the U.S. economy has…

Landsman, Beyer Introduce Bill to Protect Residents from Rising Costs Caused by AI Data Centers

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Today, Congressman Greg Landsman (D-OH-01) and Congressman Don Beyer (D-VA-08) introduced a bill to protect residents and small businesses from rising electricity costs caused by artificial intelligence data centers. The annual electricity consumption in the U.S. hit a record high in 2024 and is expected to keep rising. It’s driven in part by the growing demands for artificial…

Warren, Beyer, Lawmakers Warn Treasury Against Delivering Retroactive Tax Break to Billionaire Corporations

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Tags: Economy

U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, along with U.S. Representative Don Beyer (D-Va.), a member of the House Ways and Means Committee, led Senators Chris Van Hollen (D-Md.), Bernie Sanders (I-Vt.), and Sheldon Whitehouse (D-R.I.) and Representatives Danny Davis (D-Ill.), Linda Sánchez (D-Calif.), Jimmy Gomez (D-Calif.), and Mike Thompson…

Beyer Statement On Trump’s Tariff Retreat

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Congressman Don Beyer (D-VA), who serves on the House Ways and Means Subcommittee on Trade and recently joined Reps. Ro Khanna (D-A), Don Bacon (R-NE), and Maggie Goodlander (D-NH) in introducing the bipartisan No Coffee Tax Act to repeal President Trump’s coffee tariffs, issued the following statement on the Trump Administration’s repeal of its own tariffs on goods including coffee and…