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Economy

Beyer Shares Constituent Stories Of Hardship From 2018-19 Government Shutdown

| Posted in Press Releases

Rep. Don Beyer (D-VA), who represents a Northern Virginia district containing one of the largest concentrations of federal employees in the U.S. House, today shared excerpts of letters constituents sent him during the 2018-19 shutdown. Their stories, shared with personal identifiable information removed, show the hardship and uncertainty experienced by federal employees who were…

Beyer Statement On Newly Released Census Economic Data

| Posted in Press Releases
Tags: Economy

Rep. Don Beyer (D-VA), who serves as the top House Democrat on Congress’ Joint Economic Committee and a member of the House Committee on Ways and Means, issued the following statement today after new U.S. Census Bureau statistics showed that the nation’s poverty rate rose from 5.2% in 2021 to 12.4% in 2022 after the expiration of the enhanced Child Tax Credit: “America’s child poverty…

Kaine & Beyer Introduce Bill to Prevent Government Shutdowns

| Posted in Press Releases

Today, U.S. Senator Tim Kaine, U.S. Representative Don Beyer, and House Committee on Oversight Ranking Member Jamie Raskin announced their introduction of the End Shutdowns Act, legislation to prevent government shutdowns and the senseless pain they inflict on federal employees, government contractors, and millions of Americans who rely on government services. In an effort to take that…

Beyer Blasts “Idiotic, Illegal” Trump Trade Proposal That Would Raise Food Prices

| Posted in Press Releases
Tags: Economy

Rep. Don Beyer (D-VA), who serves on the House Committee on Ways and Means Subcommittee on Trade, today blasted a proposal by former president Donald Trump to impose universal tariffs on all imports. Beyer called for passage of the bipartisan Congressional Trade Authority Act to prevent future presidential abuses of tariff authority. Beyer said: “Donald Trump’s plan to impose universal…

Gallagher, Beyer Introduce Bill to Reassert Congress' Voice in Trade Policy

| Posted in Press Releases
Tags: Economy

Rep. Gallagher (R-WI) and Rep. Don Beyer (D-VA) today re-introduced the Congressional Trade Authority Act. This bipartisan bill would require the president to submit to Congress any proposal to adjust imports in the interest of national security under Section 232 of the Trade Expansion Act of 1962. “Congress’ penchant for ceding its constitutional authorities to the Executive Branch has…

Beyer Statement On Fitch Downgrade of U.S. Credit

| Posted in Press Releases
Tags: Economy

Rep. Don Beyer, the Senior House Democrat on the Joint Economic Committee and member of the House Ways and Means Committee, today issued the following statement after Fitch downgraded the U.S. credit rating from AAA to AA+: “As many economists have noted, the logic and timing of this ratings cut are nonsensical. The American economy is strong, and continues to get better. Our…

Republicans Side with Venture Capitalists and Ultra-Wealthy to Block Targeted Relief to Small Businesses

| Posted in Press Releases
Tags: Economy

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…

Members Introduce Bipartisan, Bicameral Legislation to Expand Access to Baby Formula

| Posted in Press Releases
Tags: Economy

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,”…

Beyer Floor Remarks In Support Of Legislation To Avert Default

| Posted in Speeches and Floor Statements

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…

Virginia House Democrats Submit Amendment to Strip Mountain Valley Pipeline from Bipartisan Budget Agreement

| Posted in Press Releases

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…