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Economy

Beyer, Van Hollen Renew Push for Millionaires Surtax to Invest in Working Families

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Today, on Tax Day, U.S. Representative Don Beyer (D-Va.) and U.S. Senator Chris Van Hollen (D-Md.) reintroduced their Millionaires Surtax Act, legislation to address the growing income inequality gap between wealthy and working Americans and raise significant revenue to support everyday families and grow our economy. This surtax would implement an additional 10-point tax to incomes above…

SCAMS ALERT: Bipartisan Leaders of the Joint Economic Committee Warn Americans About Tax Season Scams

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Tags: Economy

Ahead of the April 15th deadline for tax filing, 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) issued a bipartisan alert today warning Americans about common tax season scams. These scams have become increasingly common, especially with emerging AI tactics, and…

Beyer Statement on Anniversary of Liberation Day

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Tags: Economy

Congressman Don Beyer (D-VA) today released the following statement on the anniversary of President Donald Trump’s so-called “Liberation Day”: “A year ago, President Donald Trump stood before the American people to declare “Liberation Day,” an expansive tariff regime he promised would revive American manufacturing and usher in a new economic “golden age” for America. Instead,…

New Dems Hear from Small Businesses on the Harmful Impacts of Tariffs

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Tags: Economy

Yesterday, New Dem Vice Chair for Outreach Salud Carbajal (CA-24) and New Dem Trade Task Force Chair Don Beyer (VA-08) hosted a roundtable discussion on how small businesses have been hurt by the Trump Administration’s sweeping tariffs.  Vice Chair Carbajal and Rep. Beyer, who is a member of the Ways & Means Committee and the Joint Economic Committee, were joined by…

Beyer, Van Hollen Introduce New Bill to Ensure the Wealthy Pay Their Fair Share of Taxes and Provide Relief for Millions of Working Americans

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U.S. Representative Don Beyer (D-VA) today introduced the Working Americans’ Tax Cut Act to ensure the wealthiest pay their fair share through a tiered surtax on income above a million dollars. The revenue generated by this surtax will provide much-needed tax relief for millions of working Americans who are struggling to afford the cost of living as prices rise. Additionally,…

Beyer on February Jobs Report: “A Flashing Red Warning Light for the Trump Administration”

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Tags: Economy

The U.S. Bureau of Labor Statistics (BLS) today issued its February 2026 jobs report, which found that the economy shed 92,000 jobs, raising the unemployment rate to 4.4 percent – one of the highest unemployment rates since 2021. Since President Trump’s tariffs took effect in April 2025, the U.S. economy has, on balance, lost a total of 19,000 jobs. This is a dramatic change…

Beyer Joins Warren, Sherman, Lawmakers to Introduce Direct File Act to Guarantee Free, Easy Tax Filing for Americans

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Tags: Economy

U.S. Senators Elizabeth Warren (D-Mass.), Chris Coons (D-De.), and Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, and Representatives Brad Sherman (D-Calif.), Don Beyer (D-Va.), Judy Chu (D-Calif.), Steny Hoyer (D-Md.), and Mark Pocan (D-Wisc.) led over 150 lawmakers in introducing the Direct File Act, new legislation that would reverse the Trump administration’s…

New Dem Trade & Tariffs Task Force Chair Don Beyer Celebrates Supreme Court Ruling on Trump Tariffs

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Tags: Economy

Today, New Democrat Coalition Trade & Tariffs Task Force Chair Don Beyer (VA-08) issued a statement after the Supreme Court ruled that the President violated federal law by illegally exceeding his authority under the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs. Chair Beyer previously called on the Supreme Court to limit the…

Beyer, Garcia, and Bonamici Introduce Legislation to Support Older Workers

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U.S. Representatives Don Beyer (D-VA), Sylvia Garcia (D-TX), and Suzanne Bonamici (D-OR) today introduced legislation to establish an Older Workers’ Bureau within the Department of Labor. The Bureau would be responsible for identifying the challenges faced by workers aged 55 and older, developing policies to improve their employment conditions, and expanding access to employment…

House Votes To End Trump’s Tariffs On Canada

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Tags: Economy

Congressman Don Beyer (D-VA), ), who serves on the House Ways and Means Subcommittee on Trade, today hailed the passage of a House measure to end President Trump’s tariffs on Canada, America’s neighbor and close ally to the north, which has been significantly alienated over the past year by Trump’s tariffs, tantrums, bullying and threats. The measure now goes to the Senate, which…