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Friday, November 8, 2024

Virginia U.S. Rep Don Beyer: "My colleagues @GReschenthaler and @JasonSmithMO are concerned about definitions and were unclear about..."

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Don Beyer tweeted the following:

"My colleagues @GReschenthaler and @JasonSmithMO are concerned about definitions and were unclear about what constitutes a recession; the recognized authority is the National Bureau of Economic Research (NBER). Here's what they say:
nber.org/research/busin
nber.org/business-cycle"
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Here are other recent tweets from Don Beyer:

"I got questions from Republican colleagues who had the mistaken impression that the U.S. economy is in a recession.
This wasn't what they wanted to hear, but as Chair of Congress' Joint Economic Committee @JecDems I was happy to explain to them that we are not in a recession:"
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"I just testified before the @RulesDemocrats Committee on the Inflation Reduction Act.
Today's hearing starts the process of bringing this historic climate, energy, health care, drug pricing, and tax fairness legislation to the House Floor.
My opening remarks:"
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"A contrast:
Democrats celebrate POTUS signing laws we passed to create jobs, fix supply chains, lower prices, support veterans, strengthen NATO; and take up the Inflation Reduction Act.
As Republicans defend criminal acts, call for defunding/abolishing law enforcement agencies."
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