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Member Spotlight:Each month the Joint Economic Committee Democrats are highlighting a different committee member in our newsletter. This month features Congressman Don Beyer (VA-8).
.png) Congressman Don Beyer has advocated for policies to combat global climate change and make smart investments to create green jobs and lower clean energy costs for consumers. Congressman Beyer has also urged the Trump administration to abandon its attempt to hide the undeniable truth about the immediate consequences of climate change, and the economic impacts of continued extreme weather events. Learn more here.
JEC Dems Report: Failing to Address Climate Change Threatens the Economy
JEC Dems released a report that outlines the threat of climate change to the economy following the recent National Climate Assessment report. The report states that the increase in frequency and severity of extreme weather events continue to place the American economy at risk by threatening household wealth and property and upending insurance markets. To learn more about the economic consequences of climate change, read the report here.
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Tax Credits Expand Adoption of Electric Vehicles
The electric vehicle industry supported 86,000 jobs as of early 2016, and there are 200 times as many electric cars on the road today as in 2010. This increase is partially due to the Electronic Vehicles Tax Credit, a credit worth up to $7,500 to reduce the cost of purchasing an electric vehicle. However, the tax credit phases out after individual manufacturers sell their 200,000th vehicle, a milestone companies are already starting to approach. Read more here. |
Indicators Show the GOP Economic Agenda is Failing
The stock market turned in its worst month in years, business investment dipped below a 1 percent annual growth rate last quarter, and the 1,000 largest public companies have reduced employment. Nearly one year after the Republican tax law, the sugar high appears to be wearing off.
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Innovation Spotlight Series
From opioid addiction recovery in Nashua, New Hampshire, to an historic preservation project in Potosi, Wisconsin, JEC Dems have highlighted cutting-edge policy solutions that empower small towns and rural areas across the nation. These wide-ranging innovative and creative projects have helped to bolster the economy of local communities and provide a framework for success for other communities across the country. Find our last innovation spotlight highlighting a vitality project in Albert Lea, Minnesota here.
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G-01 Dirksen Senate Office Building
Washington, DC 20510
(202) 224-5171 |
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