Rep. Don Beyer (D-VA), who represents Northern Virginia in the U.S. House, today announced that he had secured funding and legislative wins in the bipartisan funding bill for FY23. The omnibus government funding bill was the product of bipartisan negotiations; it passed the Senate this afternoon and expected to be passed by the House later today.
Beyer said:
“I am proud to announce that… Read more »
Today, the U.S. Congress Joint Economic Committee—led by Chairman Don Beyer (D-VA)—released a new report detailing the rise and fall of the digital asset market in 2021 and 2022 and the need for further protections to mitigate risks to everyday consumers and the U.S. financial system.
In the fall of 2021, the digital asset market reached a record-high $3 trillion… Read more »
The U.S. Congress Joint Economic Committee—led by Chairman Don Beyer (D-VA)—released a new report highlighting the significant contributions immigrants make to the U.S. economy and its recovery from the pandemic.
Among the report’s key findings:
Immigrants helped power the economic recovery. Foreign-born workers were hit disproportionately hard by the pandemic but… Read more »
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that monthly Consumer Price Index (CPI) inflation slowed to 0.1% on a seasonally adjusted basis in November and annual inflation slowed to 7.1%, down from 7.7% in October. Core inflation, which excludes volatile food and… Read more »
Today, the U.S. Congress Joint Economic Committee—led by Chairman Don Beyer (D-VA)—released a new report highlighting the record-breaking decline in the poverty rate in 2021. Data show the American Rescue Plan and Biden administration actions helped lift 4.5 million Americans across races and ethnicities out of poverty from 2020 to 2021, including more than 3 million… Read more »
The U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a new report detailing how automatic child trust accounts, known as “Baby Bonds,” would improve economic opportunity and social mobility for children and families and strengthen the U.S. economy.
Baby Bonds would provide children at birth their own bank account with a specified amount of money.… Read more »
Today, the U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a new report that highlights how the expanded Child Tax Credit (CTC) drove the largest-ever decline in child poverty in a single year in 2021. Child poverty fell to 5.2%, the lowest rate on record according to Census Bureau measures, and data show the CTC expansion was the single-largest… Read more »
Reps. Don Beyer (D-VA) and Marie Newman (D-IL), today introduced the Older Workers Bureau Act, which would establish an Older Workers’ Bureau under the Department of Labor. The bureau would be tasked with identifying challenges facing workers aged 55 and up, and guiding future policy to support the welfare of older workers.
“As more Americans work into their later years and workplace… Read more »
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that Consumer Price Index (CPI) inflation held steady at 0.4% on a seasonally adjusted basis and annual inflation slowed to 7.7% in October, down from 8.2% in September. Core inflation, which excludes volatile food… Read more »
Rep. Don Beyer (D-VA) today highlighted a series of economic analyses that show how historic legislation enacted in the past year will help constituents in Virginia’s 8th District, the region, and the Commonwealth of Virginia. These laws enacted under the current Congress and signed by President Biden, including the American Rescue Plan Act, Inflation Reduction Act, CHIPS and Science Act,… Read more »
