July 28, 2021 (Washington, D.C.) – Rep. Don Beyer (D-VA) today introduced the Digital Asset Market Structure and Investor Protection Act, legislation that would protect consumers and promote innovation by incorporating digital assets into existing financial regulatory structures.
“Innovation in the digital asset sector is creating new goods and services every day as well as many new,… 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 today’s first monthly payment of the expanded Child Tax Credit (CTC):
“The expansion of the Child Tax Credit, included in the American Rescue Plan Congress passed last spring, is the biggest investment in children and families in a generation… 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 Executive Order on Promoting Competition in the American Economy:
“Over the last 30 years, the United States has experienced a rise and concentration of corporate market power that has… 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 850,000 in June and the unemployment rate remained statistically unchanged at 5.9 percent. The number… Read more »
The House today passed the Investing in a New Vision for the Environment and Surface Transportation [INVEST] in America Act, ambitious surface transportation legislation that would pave the way to rebuilding America’s infrastructure. The bill contained top priorities for Northern Virginia and legislative measures sponsored by Rep. Don Beyer (D-VA), including:
All of Beyer’s… Read more »
Late last week, the House Committee on Transportation and Infrastructure completed a marathon markup of the Investing in a New Vision for the Environment and Surface Transportation [INVEST] in America Act. The legislation, which House Majority Leader Steny Hoyer subsequently indicated will receive a floor vote in the House during the final week of June, included all four of Rep. Don… Read more »
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 »
Originally published in: Forbes
The bill would apply an additional 10% tax to individual incomes that exceed $1 million and the income of married couples above $2 million.
The surtax would apply equally to wages, for which the top tax rate is 37%, and investment income, including capital gains, for which taxes max out at 20% for long-term gains.
The legislation would increase… 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 »
