FOR IMMEDIATE RELEASE:

CONTACT: Jesse Jacobs; Rianna Brown 202-224-4524

Thursday, July 19, 2001

Phil Singer (Schumer) 202-224-7433


SCHUMER TO HOLD HEARING ON RISKS OF
GROWING BALANCE OF PAYMENTS DEFICIT


Senator Charles Schumer (D-NY), Chairman of the Subcommittee on Economic Policy, has announced that the Subcommittee will hold a hearing on the "Risks of A Growing Balance of Payments Deficit." The hearing will examine what is causing the imbalance, whether we should be concerned about the imbalance, what are the risks to the economy, and what are potential policy solutions.

The hearing will be held:

WEDNESDAY, JULY 25, 2001
10:00 A.M.
538 DIRKSEN SENATE OFFICE BUILDING


Scheduled to testify before the Subcommittee are:


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