IRS News Release  
January 30, 1995

Archer Announces Hearing on
President's Fiscal Year 1996 Budget

Congressman Bill Archer (R-TX), Chairman of the Committee on Ways and Means, today announced that the Committee will hold hearings on President Clinton's fiscal year 1996 budget proposals that are under the jurisdiction of the Committee. The Committee will receive testimony from Administration witnesses and the Director of the Congressional Budget Office. The hearings will take place on Tuesday, February 7, Wednesday, February 8, and Thursday, February 9, 1995, in the main committee hearing room, 1100 Longworth House Office Building, beginning at 10:00 a.m.

In view of the limited time available to hear witnesses, oral testimony at this hearing will be from Administration witnesses only. However, any individual or organization may submit a written statement for consideration by the Committee and for inclusion in the printed record of the hearing.

On February 6, President Clinton will summit his fiscal year 1996 budget to the Congress. As previously mentioned in his State of the Union address, the President is proposing several tax initiatives. In addition, the welfare reform proposal advanced by the Administration affects several different areas of the budget, including Aid to Families with Dependent Children, which provides cash welfare payments to eligible beneficiaries and is solely within the jurisdiction of the Committee on Ways and Means. The Committee will also hear testimony on the general economic trends outlined in the budget and the spending, revenue and deficit projections in fiscal years 1996-2000. In addition, the Director of the Congressional Budget Office will present the economic and budget outlook as contained in CBO's February report.

In announcing the hearings, Chairman Archer stated: "In his State of the Union message, the President said he was interested in working with Congress in our effort to create a smaller, less costly government. The fiscal year 1996 budget will give us the details on how the President intends to achieve his policies, and ways in which we can work together to take government in the direction the public wants."

DETAILS FOR SUBMISSION OF WRITTEN COMMENTS

Any person or organization wishing to submit a written statement for the printed record of the hearing should submit at least six (6) copies of their statement by the close of business, Friday, February 17, 1995, to Phillip D. Moseley, Chief of Staff, Committee on Ways and Means, U.S. House of Representatives, 1102 Longworth House Office Building, Washington, D.C. 20515. If those filing written statements wish to have their statements distributed to the press and interested public at the hearing, they may deliver 300 additional copies for this purpose to the Ways and Means Committee, room 1102 Longworth Building House Office Building, at least one hour before the hearing begins.

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