Washington, D.C. - The U.S. Congress Joint Economic Committee (JEC) will hold a hearing entitled, “Bolstering the Economy:  Helping American Families by Reauthorizing the Payroll Tax Cut and UI Benefits,” on Tuesday, February 7, 2012, at 2:30 p.m., in room 216 of the Hart Senate Office Building. The hearing will focus on the importance of extending the two-percentage-point payroll tax cut and continuing emergency federal unemployment insurance (UI) benefits through the end of 2012. At this hearing, the JEC will examine the economic impact of extending these policies versus allowing them to lapse.

WHAT: Hearing on “Bolstering the Economy:  Helping American Families by Reauthorizing the Payroll Tax Cut and UI Benefits”

 WHO:  Dr. Mark M. Zandi, Chief Economist
             Moody’s Analytics
             Philadelphia, PA  

             The Honorable Mark W. Everson, Commissioner of the
             Department of Workforce Development, State of Indiana
             Indianapolis, IN        

             Mr. James Sherk, Senior Policy Analyst
             The Heritage Foundation
             Washington, DC
 
             Ms. Judith M. Conti, Federal Advocacy Coordinator
             National Employment Law Project
             Washington, DC

             Additional witness may be announced.

WHEN: 2:30 p.m., Tuesday, February 7, 2012

WHERE:  216 Hart Senate Office Building

 Chairman Bob Casey presiding.