Congressman Bill Pascrell, Jr. (D-NJ-09), a longtime member of the tax-writing House Ways and Means Committee, has published a new op-ed in the Bergen Record of New Jersey outlining what would happen to the American economy if House Republicans follow through on the reckless threats to breach the debt ceiling. “Social Security checks will cease and Medicare reimbursements will freeze,… Read more »

America is staring down the barrel of economic armageddon. The doomsday device is in the hands of Republican lawmakers. This isn’t your run-of-the-mill political gamesmanship — by next month, we could be grappling with a financial meltdown far worse than 2008.   The House of Representatives is in session for just 12 days before June 1, which the Treasury Department warns could… Read more »

U.S. Reps. Bill Pascrell, Jr. (D-NJ-09) and Rosa DeLauro (D-CT-03) today urged the Senate Committee on Banking, Housing, and Urban Affairs to move swiftly to protect American jobs and supply chains and enact their watershed legislation, the National Critical Capabilities Defense Act (NCCDA), submitting an official joint statement into the record for the committee’s hearing on “Examining… Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) and U.S. Sen. Bob Menendez (D-NJ) today led five New Jersey delegation colleagues sounding the alarm about a significant hole in the pharmaceutical supply chain. In a letter to President Biden, the members highlight a shortage of packaging materials used for cartons for prescription drugs which threatens the distribution of scores of prescription… Read more »

U.S. Reps. Bill Pascrell, Jr. (D-NJ-09) today lauded passage in the House of Representatives of the landmark America COMPETES Act, legislation to counter the rising negative influence of the Chinese Communist Party. On February 2, Pascrell spoke on the floor of the House in favor of the bill. The COMPETES Act includes Rep. Pascrell’s bipartisan “National Critical Capabilities Defense… Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), the Chairman of the House Ways and Means Subcommittee on Oversight, today praised the unveiling of the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength Act (America COMPETES Act), which includes the American Worker and Trade Competitiveness Act, a comprehensive package of House trade legislation… Read more »

U.S. Reps. Bill Pascrell, Jr. (D-NJ-09), the Chairman of the House Ways and Means Subcommittee on Oversight, Rosa DeLauro (D-CT-03), the Chairwoman of the House Appropriations Committee, Victoria Spartz (R-IN-05), and Brian Fitzpatrick (R-PA-01) today introduced comprehensive legislation to strengthen security of the American supply chain and prevent the offshoring of America’s critical… Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), the Chairman of the House Ways and Means Subcommittee on Oversight, today urged Federal Trade Commission (FTC) Chairwoman Lina Khan to increase the agency’s oversight of private equity’s exponential growth across the American health care sector. “I write concerning the troubling exponential growth of private equity ownership across the health care… Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) celebrated reintroduction of the Partner with Korea Act, bipartisan legislation that encourages greater ties between American and Korean businesses. This legislation directly supports the Biden administration’s efforts to deepen relations with South Korea and its introduction precedes the May 21 summit between President Biden and South Korean… Read more »

U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) today announced the allocation of hundreds of millions in federal COVID-19 recovery funds for New Jersey’s Ninth Congressional District. The funds will be provided through the U.S. Treasury Department’s Coronavirus State and Local Fiscal Recovery Funds program. The program was created by the historic American Rescue Plan that was passed by… Read more »