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What Should the Federal Government do to Avoid a Recession

216 Hart Senate Office Building - 9:30 am
January 16, 2008

Washington D.C. - U.S. Senator Charles E. Schumer (D-NY) convened a Joint Economic Committee (JEC) hearing to examine the targeted economic policies for fending off the predicted recession.

Opening Statements:

Senator Schumer's Opening Statement (PDF - 45.3 KBs)
Senator Kennedy's Opening Statement (PDF - 11.2 KBs)
Congresswoman Maloney's Opening Statement (PDF - 35.8 KBs)

Witness Statements:

William W. Beach, Director, Center for Data Analysis, Heritage Foundation (PDF - 49.7 KBs)
Dr. Lawrence Summers, Former U.S. Treasury Secretary (PDF - 18.4 KBs)
Lawrence Mishel, President, Economic Policy Institute (PDF - 95.0 KBs)

Press Advisories:

JEC to Hold First Congressional Hearing on Economic Stimulus (PDF - 35.4 KBs)

Archived Videos:

Watch the Hearing (RAM - 64.0 Bs)

Charts:

Housing Investment Has Dropped Sharply (PDF - 20.1 KBs)
Credit Remains Tight for Noncomforming Loans (PDF - 18.1 KBs)
The Unemployment Rate Jumped in December (PDF - 10.1 KBs)
Current Bush Administration Worst Job Growth Since Hoover (PDF - 17.5 KBs)
Real Oil and Gas Prices Approaching Record Highs (PDF - 25.1 KBs)
Private Job Growth Negative for First Time Since July 2003 (PDF - 22.6 KBs)

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