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

Press Releases

Jun 04 2021

Chairman Beyer Statement on May Jobs Report

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 559,000 in May and the unemployment rate was 5.8%—dipping below 6% for the first time since the peak of the pandemic. The unemployment rate was 9.1% for Black workers and 7.3% for Hispanic workers.

May 13 2021

Chairman Beyer on FY2022 Budget: Empirics Should Outweigh Hypotheticals

“The physical and human infrastructure investments that the Biden Administration wants to make are the right investments at the right time, and we have the spending capacity to make them.”

On Friday, May 7, in a letter to House Budget Committee Chairman John Yarmuth, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), made the case for why the FY2022 budget should make investments in physical and human infrastructure despite warnings from deficit hawks that the United States doesn’t have the spending capacity to do so.

May 12 2021

A Racial Wealth Gap Created by Public Policy Cannot Be Closed by Private Markets

Today, the U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—will hold a remote hearing titled “Examining the Racial Wealth Gap in the United States,” which explores how decades of federal policy—slavery, the Homestead Act, redlining, the Federal Aid Highway Act, exclusionary zoning, among others—created the racial wealth gap and why action is needed to improve access to wealth and capital.

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.