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… 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… 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… 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… 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… Read more »
Originally Published At CNBC
There’s the human cost of police misconduct.
Unarmed Black Americans are killed by police officers with appalling frequency. For young Black men, police violence is one of the leading causes of death.
A year ago, former Minneapolis police officer Derek Chauvin kneeled on the neck of George Floyd for more than 9 minutes, murdering him.… Read more »
Today, Representatives Tom Suozzi (D-NY), Steven Horsford (D-NV), Don Beyer (D-VA), Brad Schneider (D-IL), and Gwen Moore (D-WI) introduced legislation that would increase the amount of the Work Opportunity Tax Credit (WOTC) to help disadvantaged groups who have been hardest hit by the COVID-19 pandemic. Occupations hit the hardest with prolonged unemployment during the COVID-19 pandemic… Read more »
Rep. Don Beyer (D-VA) today announced that over 100,000 children living in his Northern Virginia district would benefit from the expanded and improved Child Tax Credit, including an estimated 7,500 who will be lifted out of poverty, according to estimates compiled by the House Appropriations Committee.
The Child Tax Credit is a fully refundable benefit enhanced by Congress as part of the… Read more »
Congresswoman Katie Porter (CA-45) today introduced legislation to make it easier for families headed by single parents to get help from the expanded child tax credit. The Single Parent Penalty Elimination Act, which is co-led by Congresswoman Ayanna Pressley (MA-07) and Congressman Don Beyer (VA-08), would change the income threshold for Americans filing as heads of household—the status… Read more »
Rep. Don Beyer (D-VA) today encouraged local restaurant owners to take advantage of a new relief program, the Restaurant Revitalization Fund, enacted under the American Rescue Plan. Beyer serves on the House Committee on Ways and Means, which drafted much of the legislation.
The Small Business Administration is now accepting applications for direct relief through the Restaurant Relief… Read more »
