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Economy

We May Already Be Out Of Time To Avoid Expiration Of Enhanced Federal Unemployment Benefits

| Posted in Press Releases

Rep. Don Beyer, the Vice Chair and top Democrat on Congress’ Joint Economic Committee, today issued the following statement on Senate Majority Leader’s announcement that the Senate would take “weeks” to pass legislation that includes an extension of expanded federal unemployment benefits: “Mitch McConnell may already have doomed the tens of millions of American workers who depend on…

Vice Chair Beyer on June Jobs Report: “We are still nearly 15 million jobs in the hole.”

| Posted in Press Releases
Tags: Economy

Today, Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that nonfarm payroll employment increased by 4.8 million in June and the unemployment rate fell to 11.1%. The unemployment rate was 15.4% for Black workers and 14.5% for Hispanic workers. The 4.8 million new…

House Passes Sweeping Infrastructure Investment Legislation

| Posted in Press Releases

Rep. Don Beyer (D-VA) today applauded the House’s bipartisan passage of H.R. 2, the Moving Forward Act, broad transportation and infrastructure legislation. Beyer voted for the bill, which contained a number of provisions he authored. Beyer serves on the House Committee on Ways and Means, which helped develop the bill. Beyer’s contributions to the House-passed infrastructure bill…

Beyer Welcomes Schumer/Wyden Bill to Extend Enhanced Unemployment Benefits

| Posted in Press Releases

Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee, released the following statement about the introduction today of the American Workforce Rescue Act by Senate Democratic Leader Chuck Schumer (D-NY) and Senate Finance Committee Ranking Member Ron Wyden (D-OR). The legislation would extend enhanced unemployment benefits past the July 31, 2020…

New Report Highlights Dangers in Administration’s Proposed “Return-to-work Bonus”

| Posted in Press Releases

Washington, D.C.—Today, Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released a report, “The Administration’s 'Return-to-Work Bonus' Is No Substitute for Enhanced Unemployment Benefits,” showing that millions of unemployed workers would be left without the economic support they need if the Trump administration succeeds in replacing the $600…

Beyer Presides Over Debate As House Passes Washington, D.C. Admission Act

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Rep. Don Beyer (D-VA) today presided over House debate on H.R. 51, the Washington, D.C. Admission Act, before casting a vote to help pass the legislation to make D.C. the 51st state in the Union. Beyer, who represents the Northern Virginia suburbs of the nation’s capital, is a longtime supporter of D.C. statehood, and an original cosponsor of Congresswoman Eleanor Holmes Norton’s…

Beyer on UI Claims: The President Claims Victory While Americans Suffer

| Posted in Press Releases

Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released the following statement after the Department of Labor (DOL) reported that 1.5 million workers filed regular first-time unemployment claims (not seasonally adjusted) for the week ending June 20 and another 728,000 filed claims through Pandemic Unemployment Assistance (PUA) program…

Vice Chair Beyer’s Calls with Nation’s Leading Economists Inspire Coronavirus Policy Proposals

| Posted in Press Releases

For about an hour several times a week, Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), talks with some of the nation’s most prominent economists and other policy experts about the economic impact of the coronavirus. The conversations, often joined by JEC Members and Members from other congressional committees, have led to policy proposals to…

Coronavirus stimulus: Surprise jobs report adds doubt to second round

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Once Washington absorbed Friday’s surprise jobs report showing a gain of 2.5 million jobs in May (after forecasts for 8 million jobs lost) many turned the question of how the news impacts the long awaited negotiations for an additional phase 4 stimulus deal. "We'll be asking for additional stimulus money,” President Trump said Friday morning as some speculated that a…

Senate Republicans Could Cause Humanitarian Catastrophe

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Rep. Don Beyer (D-VA), Vice Chair of the Joint Economic Committee, today issued the following statement on Republican opposition to extending further assistance to the American people amid the economic crisis caused by the COVID-19 pandemic: “There is a dangerous disconnect between Republican politicians in Washington and the very real anguish being experienced by the American people.…