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Economy

Beyer To Vote Yes On Heroes Act

| Posted in Press Releases

Rep. Don Beyer (D-VA) today announced that he will vote for the Heroes Act when it comes to the House Floor for final passage this evening. The broad relief legislation is expected to pass on with bipartisan support. Beyer said: “The Heroes Act takes strong steps to fight the COVID-19 pandemic and the resulting economic devastation. It contains key provisions I sought, and I fully…

To get through the pandemic, we’re gonna need a bigger boat

| Posted in Opinion Pieces

To get through the pandemic, we’re gonna need a bigger boat Automatic stabilizers can help provide some certainty during uncertain times Published at Roll Call By Rep. Derek Kilmer and Rep. Donald S. Beyer Jr. Posted May 12, 2020 at 7:32pm Most of us remember that terrifying scene from “Jaws.”  Brody, played by Roy Scheider, leans over the boat and…

Representatives Dean and Beyer Continue Efforts to get more Direct Cash Support to Americans

| Posted in Press Releases

Rep. Madeleine Dean (PA-04) and Rep. Don Beyer (VA-08) sent a letter to House Speaker Pelosi and Minority Leader Kevin McCarthy with recommendations on how to provide Americans with direct cash support. This letter is a follow up to theirprevious letterwhich outlined a robust proposal to provide Americans with cash support throughout the duration of the COVID19 economic crisis.The…

Congressmen Panetta, Beyer Release Proposal to Improve the Paycheck Protection Program

| Posted in Press Releases

Today, Congressman Jimmy Panetta (CA-20) and Congressman Don Beyer (VA-08) unveiled a proposal to improve the newly created Paycheck Protection Program (PPP). The PPP, created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides forgivable loans to cover up to eight weeks of payroll, rent, utilities, and mortgage interest.  However, structural and regulatory…

Top Democrats Support Tying Expanded Unemployment Benefits To Automatic Triggers

| Posted in Press Releases

Today Rep. Don Beyer (D-VA) welcomed the support of Budget Committee Chairman John Yarmuth (D-KY) and Education and Labor Committee Chairman Bobby Scott (D-VA) for the Worker Relief and Security Act. Beyer, who serves as Vice Chair of the Joint Economic Committee, introduced the legislative framework for the bill, which would tie expanded unemployment benefits to the ongoing public health…

Bicameral Delegation Releases Framework For Legislation Tying Expanded Unemployment Benefits To Public Health Emergency And Economic Conditions

| Posted in Press Releases

Rep. Don Beyer (D-VA) and Senators Jack Reed (D-RI) and Michael Bennet (D-CO) today released a draft framework for the Worker Relief and Security Act, legislation that would tie ongoing expanded unemployment benefits to the public health emergency and economic conditions. The bill would use automatic triggers to ensure that assistance continues to flow to workers for the duration of the…

Leading Economists And Policy Experts Back Worker Relief And Security Act

| Posted in Press Releases

This week Joint Economic Committee Vice Chair Don Beyer (D-VA) and Senators Jack Reed (D-RI) and Michael Bennet (D-CO) unveiled the legislative framework for the Worker Relief and Security Act. Leading economists, policy experts, and top House Democrats swiftly backed the legislation, which would use automatic triggers to ensure that expanded unemployment benefits continue to flow to…

Beyer Floor Remarks On Paycheck Protection Program and Health Care Enhancement Act

| Posted in Press Releases

Moments ago, Rep. Don Beyer (D-VA), spoke during House Floor debate on the Paycheck Protection Program and Health Care Enhancement Act. Beyer’s remarks as delivered: “Madam Speaker, I rise in support of this legislation to protect jobs, support small businesses, and save lives. It’s good that we agree on this funding, but Americans need more – much more. As of this morning…

Republicans And Democrats Agree: Crucial Help Needed Immediately For Small Businesses Beyond PPP Funding

| Posted in Press Releases

A bipartisan letter today signed by over 100 U.S. Representatives evenly split among Republicans and Democrats emphasized that problems being experienced by American small businesses navigating government assistance amid the economic downturn caused by the COVID-19 pandemic go well beyond funding for the Paycheck Protection Program (PPP). The letter, led by Rep. Bradley Byrne (R-AL) and…

Beyer Releases Summary Of Assistance For Northern Virginia Small Businesses Amid COVID-19 Pandemic

| Posted in Press Releases

Rep. Don Beyer today released a summary of assistance available to Northern Virginia small businesses in the National Capital Region amid the COVID-19 pandemic. The document explains the Paycheck Protection Program, Economic Injury Disaster Loans, and other related programs, and also outlines Beyer’s attempts to secure improvements as large numbers of frustrated small business owners…