Today, U.S. Senator Bob Casey (D-PA) and U.S. Representative Don Beyer (D-VA) led a bicameral delegation with Senate Finance Committee Chairman Ron Wyden (D-OR), Senate Majority Leader Chuck Schumer (D-NY), and Representatives Joyce Beatty (D-OH) and Suzan DelBene (D-WA) in introducing the 401Kids Savings Act. The new bill would create children’s savings accounts (CSAs) for every single… Read more »
Rep. Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Ways and Means Tax Subcommittee, today voted for bipartisan legislation to expand the Child Tax Credit (CTC) and the Low-Income Housing Tax Credit (LIHTC), which the House of Representatives pass on an overwhelming bipartisan vote of 357-70.
Beyer spoke during floor debate in… Read more »
Originally published in: CNBC
Building wealth may feel like a struggle for today’s younger generations who grapple with student loan balances and high home prices.
Now, a new bill introduced in Congress aims to make it so wealth creation starts from birth.
The proposal, called the 401Kids Savings Act, is led by Democratic Sens. Bob Casey of Pennsylvania, Chuck Schumer of… Read more »
U.S. Representative Don Beyer (D-VA) and Congresswoman Jenniffer González-Colón (R-PR-AL) today introduced the National Oceans and Coastal Security Improvements Act. The bill would support coastal communities’ ability to prepare for and respond to a variety of coastal threats, including flooding, extreme weather events, climate hazards and changing ocean conditions by improving coastal… Read more »
This morning’s shockingly excellent Bureau of Economic Analysis (BEA) advance estimate of GDP for the fourth quarter and year 2023 showed better-than-expected economic growth and two consecutive quarters of Personal Consumption Expenditures (PCE) inflation data at the Fed’s two percent target.
This is just the latest in a string of terrific news showing strong growth in the American… Read more »
U.S. Representatives Don Beyer (D-VA), Mike Lawler (R-NY), and Chellie Pingree (D-ME) today introduced the Innovative Practices for Soil Health Act, bipartisan legislation to improve soil health on farms and support sustainable alternatives to annual agriculture by improving United States Department of Agriculture (USDA) conservation programs to ensure they are better able to support… Read more »
Rep. Don Beyer (D-VA), Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Ways and Means Tax Subcommittee, today voted for bipartisan legislation to expand the Child Tax Credit (CTC) and the Low-Income Housing Tax Credit (LIHTC), which the Ways and Means Committee advanced on a vote of 40-3.
Beyer said:
“The bill we passed today includes an expansion… Read more »
The 2023 film Oppenheimer conjures a dramatic story of how the top-secret Manhattan Project harnessed the power of nuclear fission for the controversial weapon that ended World War II. At the dawn of 2024, we are poised to harness the power of a different type of transformative energy — nuclear fusion.
Fusion energy is the energy of our sun and the stars. It is the source of all other… Read more »
Today, Congressmembers Ted W. Lieu (D-Los Angeles County), Zach Nunn (R-IA), Don Beyer (D-VA), and Marcus Molinaro (R-NY) introduced the Federal Artificial Intelligence Risk Management Act, a bipartisan and bicameral bill to require U.S. federal agencies and vendors to follow the AI risk management guidelines put forth by the National Institute of Standards and Technology… Read more »
Originally published in: Reuters
A bipartisan group of congressman on Wednesday unveiled legislation that would require federal agencies and their artificial intelligence vendors to adopt best practices for handling the risks posed by AI, as the U.S. government slowly moves toward regulating the technology.
The proposed bill, sponsored by Democrats Ted Lieu and Don Beyer alongside… Read more »