Tax cut proponents blame weak business investment on Trump trade wars
By Sean Higgins - 02/05/2020
President Trump's trade wars have undercut the economic benefits of his tax cuts, proponents of the 2017 tax code overhaul say.
Administration officials are hoping that Trump's newly signed trade deals will lead to the realization of the promised boost in investment from the tax… Read more »
Last week newly-elected Joint Economic Committee Vice Chair Don Beyer (D-VA) addressed President Trump’s false claims on the economy during a special order hour on the House Floor.
Today, writing in The Hill, Beyer went into further detail to rebut some of the claims the President is expected to make on the economy during his State of the Union Address this evening before a joint session… Read more »
Slowing economy complicates campaign messaging for Trump
By Sylvan Lane and Naomi Jagoda - 02/02/2020
President Trump is heading into the 2020 campaign with a resilient economy behind him and new trade deals under his belt, counting on both to help bolster his reelection odds.
But as Trump claims credit for extending the longest-ever stretch of U.S. economic prosperity,… Read more »
Climate takes center stage in sweeping federal infrastructure plan
By Robin Bravender - 1/30/2020
U.S. House Democrats this week unveiled plans to spend $760 billion over five years on infrastructure upgrades throughout the country.
A central theme throughout their plan: combating climate change.
The framework unveiled by Democrats on Wednesday prioritizes… Read more »
Today, Rep. Beyer (D-VA) joined House Democrats to unveil a new framework for a five-year, $760 billion investment in the nation’s infrastructure. Those investments would create an estimated 10 million jobs addressing some of the country’s most urgent infrastructure needs, from the massive maintenance backlog, to designing safer streets, to putting the U.S. on a path toward zero carbon… Read more »
Congressman Don. Beyer (VA-08), Vice Chair of the U.S. Congress Joint Economic Committee, issued the following statement after the Bureau of Economic Analysis (BEA) released its initial estimate of fourth quarter gross domestic product (GDP), showing that GDP grew at annual rate of 2.1 percent in the fourth quarter of 2019, the same rate as in the previous quarter. Overall, real GDP… Read more »
House Democrats push back on Trump's efforts to take credit for the economy
By Naomi Jagoda - 01/28/2020
House Democrats on Tuesday sought to push back on efforts by President Trump to take credit for positive economic data, as the president is set to make the economy a key part of his reelection message.
During a series of speeches on the House floor, Majority Leader Steny Hoyer… Read more »
After Virginia Ratification of Equal Rights Amendment
By Connection Newspaper Staff - 01/28/2020
Rep. Don Beyer (D-8), a longtime supporter of the Equal Rights Amendment (ERA), and cosponsor of legislation to extend the deadline for ratification, issued the following statement after the Virginia General Assembly voted to ratify the ERA:
“Today, Virginia became the 38th… Read more »
Congressman Don Beyer (VA-08), Vice Chair of the U.S. Congress Joint Economic Committee, issued the following statement after the Congressional Budget Office (CBO) today released its “Budget and Economic Outlook: 2020 to 2030.”
“Treasury Secretary Steven Mnuchin just said he still thinks the GOP tax cuts will pay for themselves. What began as a wildly unrealistic political promise has… Read more »
Paid parental leave for federal employees
By WJLA Staff - 01/26/2020
Congress guaranteed family leave for federal employees in the 2020 NDAA. Starting next year, new parents will be able to take several weeks off from their federal positions. Rep. Don Beyer (D-VA) says that this new policy will hopefully set the standard across the nation.
“We don’t have paid family… Read more »
