Oct 15 2021
Today, the Congressional Hispanic Caucus (CHC), led by Congressman Raul Ruiz, M.D. (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 wealth disparities that threaten the economic security and opportunities of Hispanic Americans and their families.
U.S. Representatives Don Beyer (D-VA), Alexandria Ocasio-Cortez (D-NY), Mikie Sherrill (D-NJ), Jimmy Gomez (D-CA), Cori Bush (D-MO), and Scott Peters (D-CA) today announced the introduction of the Unemployment Insurance Improvement Act, H.R. 5507, legislation to strengthen the delivery of benefits to unemployed American workers. The bill would require states to provide a minimum 26 weeks of unemployment insurance (UI) benefits, cover part-time workers, and update wage record rules and administration standards to make benefits more accessible to applicants.
Oct 08 2021
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 194,000 in September and the unemployment rate declined to 4.8%, a new pandemic-era low. The unemployment rate was 7.9% for Black workers, 6.3% for Hispanic workers and 4.2% for Asian workers.
Oct 07 2021
Yesterday, the U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—held a hearing titled “Building Back Better: Raising Revenue to Invest in Shared Prosperity” to examine the economic benefits of the revenue provisions included in the Build Back Better reconciliation and bipartisan infrastructure packages.
Sep 28 2021
The U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a new issue brief highlighting how defaulting on the federal debt would create a financial crisis on par with that of 2008, resulting in catastrophic economic damage with millions of jobs lost, businesses shuttered and a banking system in chaos.
Sep 23 2021
Yesterday, the U.S. Congress Joint Economic Committee (JEC) held a hearing titled “Examining the Economic Benefits of Electrifying America’s Homes and Buildings.” The hearing explored how residential and building electrification is critical to addressing climate change and advancing economic growth that is stronger, stable, and broadly shared. Vice Chair Martin Heinrich (D-NM) presided.