Press Release: Bacon and Panetta Introduce Bipartisan Stop Global Tariffs Act

Representatives Bacon and Panetta introduced a bipartisan bill to eliminate recent tariffs and provide importer relief.

Quiver AI Summary

Representatives introduce bipartisan bill: U.S. Representatives Don Bacon and Jimmy Panetta have launched the Stop Global Tariffs Act, aimed at eliminating recent tariffs imposed by former President Trump. The bill also proposes retroactive refunds for importers affected by these tariffs.

Congressional authority emphasized: Bacon stated that this legislation serves to restore Congress's control over trade and protect American businesses from increased costs. Panetta stressed the need for Congress to reclaim its trade authority, which he believes has been neglected in recent decades.

Legislative details: The proposed act rescinds tariffs issued under Section 122 of the Trade Act of 1974, emphasizing legal inconsistencies given that the U.S. no longer operates on the gold standard. The bill has garnered multiple co-sponsors from both parties in Congress.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Don Bacon Fundraising

Don Bacon recently disclosed $0 of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 1940th most from all Q4 reports we have seen this year. nan% came from individual donors.

Bacon disclosed $57.2K of spending. This was the 968th most from all Q4 reports we have seen from politicians so far this year.

Bacon disclosed $519.6K of cash on hand at the end of the filing period. This was the 586th most from all Q4 reports we have seen this year.

You can see the disclosure here, or track Don Bacon's fundraising on Quiver Quantitative.

Don Bacon Net Worth

Quiver Quantitative estimates that Don Bacon is worth $1.7M, as of April 9th, 2026. This is the 270th highest net worth in Congress, per our live estimates.

Bacon has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Don Bacon's net worth on Quiver Quantitative's politician page for Bacon.

Don Bacon Bill Proposals

Here are some bills which have recently been proposed by Don Bacon:

H.R.7419: Foster Care Stabilization Act of 2026
H.R.7090: To designate the portion of Interstate Route 680 in Omaha, Nebraska, as the "Hal Daub Freeway".
H.R.6611: The F–47 Program Total Force Act of 2025
H.R.6558: Defense Secure Mobile Phones Act of 2025
H.R.6557: The Center for Strategic Deterrence and Weapons of Mass Destruction Studies Act of 2025

You can track bills proposed by Don Bacon on Quiver Quantitative's politician page for Bacon.

2026 Nebraska's 2nd Congressional District Election

There has been approximately $48,661,208 of spending in Nebraska's 2nd congressional district elections over the last two years, per our estimates.

Approximately $34,915,212 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

HMP ($6,466,113)
CONGRESSIONAL LEADERSHIP FUND ($5,349,217)
DCCC ($5,224,507)
BIG RED LEADERSHIP PAC ($4,733,420)
NRCC ($2,849,206)

The rating for this race is currently "Lean D".

You can track this election on our matchup page for the 2026 Nebraska's 2nd congressional district election.