Economy

The leaders of the House Sustainable Energy and Environment Coalition (SEEC), including Co-Chairs Reps. Doris Matsui, Mike Quigley, and Paul Tonko and Vice Chairs Reps. Don Beyer, Suzanne Bonamici, Sean Casten, Mike Levin, and Chellie Pingree, released the following statement in response to the House passage of the Republican-led Farm,… Read more »

Congressman Don Beyer (D-VA), today hailed the enactment of a new paid family and medical leave law in Virginia, passed by the General Assembly and signed into law by Governor Abigail Spanberger yesterday. “I am overjoyed that Virginia has joined the ranks of states guaranteeing paid leave. This is a historic step forward by Governor Spanberger and the General Assembly for affordability,… Read more »

Today, U.S. Representatives Jan Schakowsky (IL-09), Sean Casten (IL-06), and Don Beyer (VA-08) reintroduced the Energy Consumer Protection Act, bicameral legislation aimed at strengthening federal oversight of energy markets and protecting consumers from price manipulation. The legislation would provide the Federal Energy Regulatory Commission (FERC) with additional authority to ban… Read more »

Congressman Don Beyer (D-VA) today led 16 House Democrats in urging the immediate reinstatement of the State Department’s Bureau of Energy Resources and its personnel amid severe disruptions following the closure of the Strait of Hormuz and damage to key energy infrastructure caused by the Trump administration’s reckless war of choice in Iran, which has intensified volatility in global… Read more »

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… Read more »

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… Read more »

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,… Read more »

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… Read more »

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,… Read more »

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… Read more »