February 26, 1975
Page 4424
NOTICE OF HEARINGS
Mr. MUSKIE. Mr. President, I would like to announce a series of Budget Committee hearings to prepare for reporting our first concurrent resolution on the Budget in April. These hearings will focus on major issues having significant fiscal impact in fiscal 1976.
The committee will receive testimony from public spokesmen, Administration officials, and other Senators as we work toward producing a budget resolution containing aggregate totals for spending and revenues for fiscal 1976.
The hearings will begin on Tuesday, March 4. Additional hearings will take place March 5 through March 7, March 10 through March 14, and March 17 and 13.
On Tuesday, March 4, the committee will concentrate on the impact of the 1976 budget on jobs and the economy. Among the witnesses will be Leonard Woodcock, president of the United Auto Workers; Jerry Wurf, president of the American Federation of State, County, and Municipal Employees; Vernon Jordan, executive director of the National Urban League; and a panel of distinguished business leaders. This hearing will begin at 10:30 a.m. in room 4232, Dirksen Senate Office Building.
On Wednesday, March 5, the committee will examine how the 1976 budget affects State and local governments. Appearing to testify will be a panel of governors from the National Governors Conference and a panel of mayors from the National Conference of Mayors and League of Cities. This hearing will begin at 10 a.m. in room 6202 Dirksen Senate Office Building.
On Thursday, March 6, the committee will focus on the various energy policy options and their impact on the 1976 budget. Among the witnesses to be testifying will be Frank Zarb, Administrator of the Federal Energy Administration and Charles Schultze, Senior Fellow at the Brookings Institution. This hearing will begin at 10 a.m. in room 6202 Dirksen Senate Office Building.
On Friday, March 7, the hearings will concentrate on fiscal policy in the 1976 budget. Among the witnesses to be testifying are Senator HUBERT HUMPHREY, chairman of the Joint Economic Committee; and Prof. Gerard Adams and James Tobin. This hearing will begin at 10 a.m. in room 6202, Dirksen Senate Office Building.
The hearings will continue the following week with testimony from Alan Greenspan, Chairman of the Council of Economic Advisers; James Lynn, Director of OMB; Arthur Burns, Chairman of the Federal Reserve Board; Secretary of Defense James Schlesinger; and Secretary of HEW Caspar Weinberger. Further details of these hearings will be announced next week.
All of these hearings will be open to the public.