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… Read more »
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… Read more »
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… Read more »
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… Read more »
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,… Read more »
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… Read more »
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… Read more »
This morning’s shockingly excellent Bureau of Economic Analysis (BEA) advance estimate of GDP for the fourth quarter and year 2023 showed better-than-expected economic growth and two consecutive quarters of Personal Consumption Expenditures (PCE) inflation data at the Fed’s two percent target.
This is just the latest in a string of terrific news showing strong growth in the American… Read more »
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 Ways and Means Committee advanced on a vote of 40-3.
Beyer said:
“The bill we passed today includes an expansion… Read more »
Rep. Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee, today highlighted a raft of strongly positive economic indicators showing solid, sustained growth heading into the end of 2023.
Twelve headlines show the breadth of America’s economic strength heading into 2024:
Wall Street Journal: Prices Fell in November for the First Time Since 2020. Inflation Is… Read more »
