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Economy

Wyden, Beyer Call on DOJ to Crack Down on Swiss Banks Enabling Tax Evasion, Prosecute Bankers Involved

| Posted in Press Releases
Tags: Economy

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…

JEC Chairman Heinrich Leads Calls for Clean Debt Ceiling Raise in Congressional Hearing

| Posted in Press Releases
Tags: Economy

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…

Beyer Remarks On Unemployment Fraud Bill

| Posted in Speeches and Floor Statements
Tags: Economy

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…

Beyer Statement On House Solar CRA Vote

| Posted in Press Releases

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…

Beyer Statement On Treasury EV Tax Credit Guidance

| Posted in Press Releases

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…

Senate Majority Leader Schumer, House Democratic Leader Jeffries, Senators Heinrich And Smith, And Representatives Beyer And Moore Unveil JEC Report On The Catastrophic Effects Of A Republican Default Crisis

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Tags: Economy

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…

Beyer Statement On The President’s Budget

| Posted in Press Releases
Tags: Economy

Today Rep. Don Beyer (D-VA), the Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Committee on Ways and Means, issued the following statement on the President’s Fiscal Year 2024 Budget Request: “The President’s budget is a roadmap to a stronger, healthier, and more prosperous America. “President Biden’s FY24 budget requests balance difficult policy…

Beyer Statement On Republican Default Plan

| Posted in Press Releases
Tags: Economy

Rep. Don Beyer (D-VA), the Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Committee on Ways and Means, issued the following statement today on updated Republican legislation due for markup tomorrow directing the Treasury Department to prioritize certain payments in the event of a debt limit breach: “The first thing that struck me reading…

Beyer Statement On Amazon HQ2

| Posted in Press Releases
Tags: Economy

Rep. Don Beyer (D-VA) today issued the following statement on Amazon’s announcement that it would pause construction of HQ2 in Northern Virginia: “After the release of this morning’s news, Amazon staff assured me the company remains committed to HQ2 in Northern Virginia and providing the community benefits previously agreed upon. “Amazon’s representatives said their first office…

Bipartisan, Bicameral Delegation Introduces Legislation To Boost Hiring Of Military Spouses

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Today, U.S. Reps. Don Beyer (D-VA), Mike Kelly (R-PA), John Carter (R-TX), and Jimmy Panetta (D-CA) led a bipartisan delegation in introducing the Military Spouse Hiring Act, legislation to amend the tax code to incentivize businesses to hire military spouses. Beyer, Kelly, and Panetta serve on the House Committee on Ways and Means, which has jurisdiction over tax policy, with…