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JEC Chairman Beyer on Third Quarter GDP Growth

| Posted in Press Releases
Tags: Economy

Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of third quarter gross domestic product (GDP) expanded 2.6% on an annualized basis.  Visit the JEC’s Macroeconomic Dashboard to view the latest economic data.  “An even…

Republican Leaders Plot Forcing Choice Between Economic Ruin Or Social Security And Medicare Cuts

| Posted in Press Releases

New reporting and interviews with Republican leaders have clarified House Republicans’ intent to use threats to block an increase to the debt limit – which could lead to a default and a major economic crisis – subject to demands for policy concessions. The Bipartisan Policy Center projects that the debt limit will need to be raised in the third quarter of 2023. Congress’ Joint Economic…

JEC, CHC Release Report Highlighting Economic Contributions of Latina Workers, Persistent Barriers to Inclusive Prosperity

| Posted in Press Releases

To commemorate National Hispanic Heritage Month, which runs through October 15, the Congressional Hispanic Caucus (CHC), led by Congressman Dr. Raul Ruiz (D-CA), and the U.S. Congress Joint Economic Committee (JEC), led by Congressman Don Beyer (D-VA), released a new report that examines the outsized contributions Latina workers make to the U.S. economy and highlights barriers to…

JEC Chairman on September CPI Release

| Posted in Press Releases

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 the September Consumer Price Index reading was up 0.4% over the last month on a seasonally adjusted basis, and core inflation, which excludes volatile food and energy prices, was up 0.6% for the second consecutive…

JEC Chairman Beyer Slams Republicans’ “Economically Catastrophic” Plan to Gut Social Security and Medicare

| Posted in Press Releases

Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after House Republicans made clear their intentions to leverage future debt-limit negotiations to force cuts to Medicare and Social Security.  “While Democrats are passing legislation to cut costs for households, expand access to health insurance and…

JEC Chairman Beyer on September Jobs Report

| Posted in Press Releases
Tags: Economy

Today, 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 (BLS) reported that nonfarm payroll employment increased by 263,000 in September, and the unemployment rate decreased to 3.5%. The unemployment rate fell to 5.8% for Black workers, 3.8% for Hispanic workers and 2.5% for…

States that Most Restrict Access to Abortion Have Worse Economic Conditions

| Posted in Press Releases

The U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a new analysis that finds states with the most restrictive abortion laws have worse economic conditions for families.  Following the Supreme Court’s decision to overturn nearly 50-years of precedent that guaranteed the right to safe and legal abortion, states have enacted laws to restrict…

Beyer Welcomes Interior Department Policing Reforms

| Posted in Press Releases

Rep. Don Beyer (D-VA) today applauded the Department of the Interior’s announcement of new law enforcement policies for its officers, including key changes for which Beyer has long advocated. “The reforms announced by the Department of the Interior today will increase transparency and accountability while improving trust in the communities its officers police,” said Rep. Beyer. “I have…

Beyer Introduces Peer-To-Peer Suicide Prevention Legislation

| Posted in Press Releases

Rep. Don Beyer (D-VA) today introduced the Peer-to-Peer Suicide Prevention Act. The bill, modeled on a successful effort in Wisconsin, would empower young people to address mental health by establishing a competitive grant program for middle and high-schools to facilitate student-led suicide prevention programs. “As part of our push to prevent the terrible epidemic of suicide in the…

Warren, King, Bennet, Beyer Call For Strong Implementation of Corporate Minimum Tax

| Posted in Press Releases

United States Senator Elizabeth Warren (D-Mass.), along with Senators Angus King (I-Maine.), Michael Bennet (D-Colo.), and Representative Donald S. Beyer (D-Va.), sent a letter to U.S Treasury Secretary Janet Yellen urging her and her staff to pursue strong implementation of the 15 percent corporate minimum tax (CMT) on billion-dollar corporations in the Inflation Reduction Act of…