Skip to Content

Economy

Smucker, Beyer Introduce ENABLE Act Supporting Individuals with Disabilities

| Posted in Press Releases

Reps. Lloyd Smucker (PA-11) and Don Beyer (VA-08), members of the Ways and Means Committee, announce jointly-introducing the Ensuring Nationwide Access to Better Life Experience (ENABLE) Act (H.R. 9614). This legislation helps individuals with disabilities save for their futures by permanently extending three provisions of the tax code which expire in 2025. In 2014, Congress established…

Whitehouse, Merkley, Raskin, Beyer & 62 Lawmakers Urge Biden Administration to Finalize Strict Clean Hydrogen Tax Credit Rules

| Posted in Press Releases

 U.S. Senators Sheldon Whitehouse (D-RI) and Jeff Merkley (D-OR) and Representatives Jamie Raskin (D-MD) and Don Beyer (D-VA) led a letter from 66 members of Congress calling on the Biden Administration to finalize strict rules for the Section 45V Tax Credit for Production of Clean Hydrogen that was passed as part of Democrats’ historic Inflation Reduction Act. In a letter sent…

Beyer Introduces Legislation to Support Older Workers

| Posted in Press Releases

Rep. Don Beyer (D-VA) today introduced the Older Workers’ Bureau Act, legislation that would establish an Older Workers’ Bureau within the Department of Labor tasked with identifying challenges facing workers aged 55 and older and developing policies to improve employment conditions and opportunities for older workers. “As more Americans work into their later years and workplace…

Beyer Statement On Strong Q2 Economic Growth

| Posted in Press Releases
Tags: Economy

Rep. Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee, issued the following statement on today’s GDP report showing the U.S. economy surpassed forecasts with 2.8 percent growth in the second quarter (Q2) of 2024: “Today’s GDP report showed continued economic growth well ahead of expectations – more excellent news for the American people. The increased…

Virginia Congressional Delegation Urges Gov. Youngkin To Make Direct File Available To Virginians

| Posted in Press Releases
Tags: Economy

Members of Virginia’s congressional delegation announced today that they have written to Governor Glenn Youngkin urging him to take the necessary steps to allow Virginians the option of using the IRS Direct File program to file their future tax returns. The Treasury Department piloted Direct File for 2023 returns in a smaller group of states, which did not include Virginia, with strong…

What They Are Saying About The Republican Budget: Nothing Good

| Posted in Press Releases

Last month, the Republican Study Committee, which counts 80 percent of House Republicans as members, rolled out a new FY25 budget which contained wide-reaching proposals to transform American society. The document was timed to contrast with President Biden’s budget, endorsing legislation offered by many individual members of the House Republican conference which, taken together, presented…

Beyer Highlights A Few Nice Things For Northern Virginia

| Posted in Press Releases

As the House continues to struggle with chaos and dysfunction, Rep. Don Beyer has continued seeking progress and delivering results for his Northern Virginia constituents. A few nice things worth highlighting recently: ARLnow: “U.S. House Passes Budget With $5.9M For Arlington, Focused On Housing And Recreation” Falls Church News Press: “Beyer Secures Funding For Northern Virginia…

Dystopian Republican Budget Seeks Radical Transformation Of American Society

| Posted in Press Releases

Last week the Republican Study Committee (RSC) – the House GOP’s conference’s largest ideological conference, with 80 percent of House Republicans currently listed as members – issued a new budget for FY25 and beyond that called, among other things, for major changes and/or cuts to Social Security, Medicare, Medicaid, and the Affordable Care Act. The full document, as outlined below,…

Bicameral Delegation Introduces 401Kids Savings Act To Create Children’s Savings Accounts Nationwide

| Posted in Press Releases

Today, U.S. Senator Bob Casey (D-PA) and U.S. Representative Don Beyer (D-VA) led a bicameral delegation with Senate Finance Committee Chairman Ron Wyden (D-OR), Senate Majority Leader Chuck Schumer (D-NY), and Representatives Joyce Beatty (D-OH) and Suzan DelBene (D-WA) in introducing the 401Kids Savings Act. The new bill would create children’s savings accounts (CSAs) for every single…

House Passes Bipartisan Legislation To Expand Child Tax Credit, Boost Affordable Housing

| Posted in Press Releases
Tags: Economy

Rep. Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Ways and Means Tax Subcommittee, today voted for bipartisan legislation to expand the Child Tax Credit (CTC) and the Low-Income Housing Tax Credit (LIHTC), which the House of Representatives pass on an overwhelming bipartisan vote of 357-70. Beyer spoke during floor debate in…