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Joint Economic Committee Democrats Chairman - Senator Martin Heinrich (D-NM)

Press Center

May 11 2021

Ahead of Biden Meetings on Infrastructure, JEC Releases Report on Why Such Investments Are Important for Future Economic Growth

The United States invests less in infrastructure than its peers and substantially less than it used to. As result, the nation’s physical infrastructure is in a state of disrepair—and also “dangerously overstretched”—with a funding gap of $2 trillion. This hurts American workers and businesses, and the United States’ ability to compete globally—a reality that the pandemic made even more clear.

Today, ahead of President Biden’s meetings this week with Democrats and Republicans on infrastructure, the U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a report that explores why big, bold investments in the United States’ physical and human infrastructure are important for future economic growth.

Apr 29 2021

Chairman Beyer on Q1 GDP: Strong Consumption Drove First Quarter Growth

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 first quarter gross domestic product (GDP), showing that real GDP grew at an annual rate of 6.4%.

Apr 26 2021

JEC Welcomes New Executive Director Tamara L. Fucile

Today, the U.S. Congress Joint Economic Committee (JEC) welcomed its new Executive Director Tamara L. Fucile. Fucile brings over two decades of policy, budget and management experience to the role.

Prior to joining the JEC, Fucile was a Senior Counselor at the Center on Budget and Policy Priorities where she led the Center’s federal policy work, including its work to shape policies and programs in response to the economic impact of the coronavirus.

Apr 26 2021

CHC, JEC Release New Report on Why Immigrants Are Vital to U.S. Economy

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 explores why immigrants are vital to the U.S. economy—both now (i.e. economic recovery) and in the future (i.e. economic growth)—despite being among the hardest hit by the health and economic effects of the coronavirus.

Apr 14 2021

Vaccine policy is economic policy. Today’s JEC hearing explores why.

If the United States continues its progress on vaccinating Americans against the coronavirus—a recent average of 3 million doses per day—then it will likely experience strong economic growth in 2021. (As much as 8 percent GDP growth according to one estimate.) But there are a number of factors that could threaten this recovery—new variants, anti-vaccine sentiment, low vaccine demand, lack of access to vaccines, disparate vaccination rates across different populations, the relaxing of mask and physical distancing guidelines and fatigue with these guidelines, and the inequitable distribution of vaccines among high-, middle- and low-income countries.