Economy

Congressman Don Beyer (D-VA), who serves as the top House Democrat on the Congressional Joint Economic Committee, today expressed rising concern over Virginia’s economy, after monthly data from the Bureau of Labor Statistics (BLS) showed that the Commonwealth’s unemployment rate had risen for the fifth consecutive month. The increase brought Virginia’s unemployment rate to… Read more »

Yesterday Senate Republicans unveiled their version of legislation to extend and expand the Trump tax cuts for the wealthy. While scores for their altered bill are still forthcoming, the changes from the House-passed version are unlikely to significantly alter that bill’s distributional effects, which would result in the largest transfer of wealth from working people to the rich from a… Read more »

Last week during a hearing by the House Committee on Ways and Means, Secretary of Treasury Scott Bessent responded to questioning about deficit effects of H.R. 1 by Rep. Don Beyer (D-VA) by suggesting that the bill would be fully offset through revenue raised by tariffs imposed on other countries by President Trump [as Beyer pointed out, this claim did not account for interest… Read more »

Originally published in: MS NOW Partway through Treasury Secretary Scott Bessent’s testimony before the House Ways and Means Committee, Democratic Rep. Don Beyer of Virginia focused attention on an underappreciated story: just how weak the U.S. economy has been since Donald Trump returned to power. Noting that the Cabinet secretary has been successful in the past, the congressman asked,… Read more »

Originally published in: The Hill Rep. Don Beyer (D-Va.) knocked President Trump on Wednesday after his Treasury secretary suggested that the 90-day pause on “reciprocal” tariffs could be extended even further for countries willing to negotiate with the U.S. “Does it smell like TACOs in here to anyone else?” Beyer posted on X, using an acronym for “Trump Always… Read more »

Congressman Don Beyer (D-VA), who serves on the House Ways and Means Subcommittee on Trade and chairs the New Democrat Coalition’s Trade Task Force, issued the following statement on a ruling by the U.S. Court of International Trade vacating and permanently enjoining Donald Trump’s across-the-board tariffs on nearly every country in the world, including his “Liberation Day” tariffs and… Read more »

Congressman Don Beyer (D-VA) issued the following remarks this morning during the Ways and Means Committee’s portion of House floor debate on H.R. 1. Beyer’s remarks as delivered follow below, and video is available here: Mr. Speaker, our dearly departed friend and colleague Gerry Connolly used to say that “our job is to comfort the afflicted, and afflict the comfortable.” This bill… Read more »

Rep. Don Beyer (D-VA), who serves on the House Committee on Ways and Means and as the Senior Democrat on Congress’ Joint Economic Committee, voted against legislation offered by Republicans on the Ways and Means Committee that would cut taxes for the wealthy while doing little for regular people, and even raising taxes for many working Americans. Beyer said: “Democrats relentlessly… Read more »

Congressman Don Beyer (D-VA) today delivered the following remarks [video here] during the opening stages of the House Ways and Means Committee’s markup of Republicans’ legislation to lower taxes for the wealthy while making the largest cut to Medicaid in history: Top-heavy tax cuts paid for by low-income benefit cuts. President Trump and the Republican majorities in Congress were… Read more »

As Elon Musk and the Trump Administration expand their chaotic assault on the federal government and the workers and contractors who deliver its essential services to the American people, Northern Virginia Congressman Don Beyer continues to fight for civil servants who devote their careers to making this country stronger. On Thursday, Beyer announced the introduction of two bills to… Read more »