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Joint Economic Committee Democrats Chairman - Rep. Don Beyer (D-VA)

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Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the House passed the America COMPETES Act (H.R. 4521). The Senate’s companion bill, the U.S. Innovation and Competition Act, passed with overwhelming bipartisan support in June 2021.
Today, JEC Chairman Don Beyer (D-VA), Senator Reverend Raphael Warnock (D-GA), House Energy and Commerce Committee Chairman Frank Pallone, Jr. (D-NJ) and Congresswoman Carolyn Bourdeaux (D-GA) highlighted the critical need to address the Medicaid coverage gap, which is the result of Republican state officials’ refusal to accept generous federal funding to expand their state Medicaid programs.
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 reported the December Consumer Price Index rose 0.5 percent on a seasonally adjusted basis, a slower pace than in November (0.8 percent). Over the last 12 months, inflation has risen 7.0 percent, not seasonally adjusted. The index for gas prices, a major contributor to recent inflation numbers, went down by 0.5 percent in December.
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 199,000 in December and the unemployment rate declined to 3.9%, a new pandemic-era low. The unemployment rate was 7.1% for Black workers, 4.9% for Hispanic workers and 3.8% for Asian workers.