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Economy

REPS. NEWMAN, BONAMICI, BEYER AND GARCIA INTRODUCE THE SUPPORTING OLDER WORKERS ACT

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WASHINGTON, D.C– Today, U.S. Representatives Marie Newman (D-IL-03), Suzanne Bonamici (D-OR-01), Don Beyer (D-VA-8) and Sylvia R. Garcia (D-TX-29) introduced the Supporting Older Workers Act, a new bill designed to improve and advance the employment, economic success and the well-being of America’s older workers. The legislation would strengthen the workforce development system for older…

House Sends Government Funding Legislation To President’s Desk, Averting Shutdown

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Tags: Economy

September 30, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA), who represents the largest number of federal employees of any member of the U.S. House of Representatives, today hailed passage of a Continuing Resolution to fund the federal government until December 3rd. The legislation passed both chambers of Congress today ahead of the expiration of government funding at midnight tonight,…

Chairman Beyer Testifies To Rules Committee About Need To Raise Debt Limit To Avoid Economy-Wrecking Default

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Tags: Economy

September 29, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA), who serves on the House Committee on Ways and Means and is Chairman of Congress’ Joint Economic Committee, testified earlier today before the House Rules Committee about the need to raise the federal debt limit. Beyer’s remarks as prepared follow below (remarks as delivered here). The Joint Economic Committee issued a new…

JEC Chairman Beyer on Debt Limit Obstructionism: Gambling with the full faith and credit of the United States is poor economic stewardship

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Tags: Economy

WASHINGTON, DC—The U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a new issue brief highlighting how defaulting on the federal debt would create a financial crisis on par with that of 2008, resulting in catastrophic economic damage with millions of jobs lost, businesses shuttered and a banking system in chaos. The debt limit allows the…

Beyer Votes to Keep the Government Open, Deliver Emergency Relief, Prevent Catastrophic Default

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Today, Rep. Don Beyer (D-VA) voted for critical legislation that would keep the federal government open, secure emergency funding to help communities devastated by natural disasters and help resettle Afghan refugees fleeing persecution and prevent a devastating debt default.  This bill is essential to ensuring that the government can continue to deliver essential services that…

Joint Economic Committee and Congressional Hispanic Caucus Release New Report, Highlights Contributions and Challenges of Hispanic Workers

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Tags: Economy

WASHINGTON, D.C. — To commemorate National Hispanic Heritage Month, which begins today and runs through October 15, the Congressional Hispanic Caucus (CHC), led by Congressman Raul Ruiz, M.D. (D-CA), and the U.S. Congress Joint Economic Committee (JEC), led by Congressman Don Beyer (D-VA), released a new report that examines the contributions of Hispanic workers to the U.S.…

Beyer: Build Back Better Act "Will Be The Single Most Important Piece Of Climate Legislation" We Have Ever Had The Chance To Pass

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September 14, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA), who serves on the House Committee on Ways and Means and is the Chair of Congress’ Joint Economic Committee, delivered opening remarks today on the third day of the Ways and Means Committee’s markup of the Build Back Better Act. Beyer’s remarks as prepared for delivery (video of remarks as delivered here): Thank you, Mr.…

As September Child Tax Credit Payments Go Out, New Joint Economic Committee Analysis Finds CTC Delivered $29.3 Million In Tax Cuts To VA-8 Families In August

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Tags: Economy

September 15, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA), the Chairman of Congress’ Joint Economic Committee (JEC), today released a new JEC report that found 78,000 Child Tax Credit (CTC) monthly tax cut payments were sent to families in Virginia’s 8th Congressional District in August, totaling $29.3 million in tax cuts for Northern Virginia families, benefitting 118,000…

House Ways And Means Committee Advances Build Back Better Act After Marathon Markup

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Tags: Economy

September 15, 2021 (Washington, D.C.) – Today the House Committee on Ways and Means voted to approve the sections of the Build Back Better Act within its jurisdiction, following a markup that ran for nearly 35 hours over four days. The Ways and Means subtitles of the bill, which has the largest portion of any House committee, include tax, climate, health, retirement, childcare, and paid…

Beyer Introduces Electric Vehicle Tax Incentive Legislation

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September 7, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA) today introduced the Green Vehicle Adoption Nationwide (VAN) Act, which would provide tax credits for the purchase of zero-emission commercial vehicles from work vans to heavy duty trucks. “The Green VAN Act would make a big dent in American emissions and help restore our leadership on the climate crisis,” said Rep. Beyer.…