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 »

Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement in response to President Biden’s Executive Order on Promoting Competition in the American Economy: “Over the last 30 years, the United States has experienced a rise and concentration of corporate market power that has harmed consumers, workers and small businesses. “A... 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 850,000 in June and the unemployment rate remained statistically unchanged at 5.9 percent. The number of people who reported that they weren't looking for work because of ... Read more »

The House today passed the Investing in a New Vision for the Environment and Surface Transportation [INVEST] in America Act, ambitious surface transportation legislation that would pave the way to rebuilding America’s infrastructure. The bill contained top priorities for Northern Virginia and legislative measures sponsored by Rep. Don Beyer (D-VA), including: All of Beyer’s Member-designated trans... Read more »

Late last week, the House Committee on Transportation and Infrastructure completed a marathon markup of the Investing in a New Vision for the Environment and Surface Transportation [INVEST] in America Act. The legislation, which House Majority Leader Steny Hoyer subsequently indicated will receive a floor vote in the House during the final week of June, included all four of Rep. Don Beyer’s (D-VA)... Read more »

Today, U.S. Senator Chris Van Hollen (D-Md.) and Congressman Don Beyer (D-Va.) reintroduced their Millionaires Surtax legislation to help close the gap between the wealthy and everyday Americans and raise significant revenue to make new investments that will grow the economy and protect working families. The Millionaires Surtax would apply an additional 10-percentage point tax to incomes above $2 ... Read more »

Today, the U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—will hold a remote hearing titled “The Gender Wage Gap: Breaking Through Stalled Progress.” The hearing will explore how the gender wage gap is a systemic issue in the United States that deserves a comprehensive public policy solution. In 2019, a woman working full-time and year-round was paid just 82 cents fo... 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 559,000 in May and the unemployment rate was 5.8%—dipping below 6% for the first time since the peak of the pandemic. The unemployment rate was 9.1% for Black workers and ... Read more »

Today, the U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released an issue brief finding that the cancellation of the enhanced Unemployment Insurance (UI) provisions included in the CARES Act could cost local economies across the country more than $12 billion. “The enhanced Unemployment Insurance provided through the CARES Act ensured that tens of millions of Americ... 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 President Biden’s FY22 budget proposal: “President Biden’s budget provides a clear blueprint for building a more equitable economy in the wake of the global pandemic. The Administration’s plan, as outlined in the budget, would boost investments critical... Read more »