Republicans just blocked an amendment from Congressman Don Beyer (D-VA) that would limit millionaires and billionaires from raking in tax-free cash, while still encouraging early investment in small companies.
Congressman Beyer’s amendment put sensible guardrails on the Qualified Small Business Stock (QSBS) Tax Benefit, yet every single Republican voted against it.
…guess this bill… Read more »
Representatives Adrian Smith (R-NE) and Don Beyer (D-VA) – along with Senators Mike Lee (R-UT) and Bob Menendez (D-N.J.) – introduced the Formula 3.0 Act, legislation to permanently waive tariffs and ease trade barriers on infant formula. The members released the following statements:
“The baby formula crisis put an additional spotlight on the serious supply chain challenges we face,”… Read more »
Rep. Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee and member of the House Committee on Ways and Means, delivered remarks tonight during floor debate on H.R. 3746, bipartisan legislation to avert a debt default. Beyer remarks as prepared follow below (remarks delivered here).
Mr. Speaker, I rise in support of this imperfect bill.
Given the chance, I… Read more »
Today, Congresswoman Jennifer McClellan (VA-04) led her Virginia Democratic colleagues, Reps. Don Beyer (VA-08), Gerry Connolly (VA-11), Robert C. “Bobby” Scott (VA-03), Abigail Spanberger (VA-07) and Jennifer Wexton (VA-10), in submitting an amendment to the House Rules Committee to strip the Mountain Valley Pipeline permitting provision from the Fiscal Responsibility… Read more »
Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Congressman Don Beyer (D-Va.-08), former U.S. ambassador to Switzerland, called on Attorney General Merrick Garland to crack down on Swiss banks enabling ongoing tax evasion by U.S. citizens and hold accountable individual bankers involved in these criminal schemes.
The joint letter to Attorney General Garland follows the… Read more »
On Wednesday, May 17, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), held a hearing titled “Counting the Costs: How a U.S. Default Crisis Harms American Families and Businesses to explore the economic costs of breaching the debt limit and the drastic cuts to important federal programs, during which Committee members and witnesses called for a… Read more »
Rep. Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee, member of the House Committee on Ways and Means, and office neighbor of Rep. George Santos (R-NY) delivered remarks during floor debate on Republican legislation that would eliminate $2 billion in funding for unemployment fraud prevention.
The bill passed in the House with universal support from… Read more »
Rep. Don Beyer (D-VA), who serves on the House Ways and Means Subcommittee on Trade, issued the following statement today on the House vote on H.J.Res. 39 – Disapproving the rule submitted by the Department of Commerce relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414," which was adopted on a surprisingly… Read more »
Rep. Don Beyer (D-VA), who serves on the House Committee on Ways and Means Subcommittee on Trade, released the following statement today on the Treasury Department’s guidance for implementing electric vehicle (EV) tax credits enacted as part of the Inflation Reduction Act:
“I share the Biden Administration’s view that we must accelerate the widespread adoption of electric vehicles, a… Read more »
Senate Majority Leader Chuck Schumer (D-NY), House Democratic Leader Hakeem Jeffries (D-NY), Joint Economic Committee Chairman-Designate Martin Heinrich (D-NM), Joint Economic Committee Senior House Democrat Don Beyer (D-VA), Senator Tina Smith (D-MN) and Representative Gwen Moore (D-WI) unveiled a Joint Economic Committee Democratic staff report outlining the devastating cost… Read more »
