IRS News Release  
January 20, 1995

Archer Announces Additional Day of Hearings
on Savings and Investment Proposals

Congressman Bill Archer (R-TX), Chairman of the Committee on Ways and Means, today announced that the Committee will conduct an additional day of hearings on Wednesday, February 1, 1995, on the tax provisions in the Contract with America designed to encourage greater savings and investment. In response to significant interest on the part of the public in testifying on these issues, this additional day of hearings has been scheduled in order to accommodate as many witnesses as possible. Only members of the public who, in accordance with prior press releases, have requested to be heard and have been contacted by the Committee, will be scheduled to testify on February 1. Other interested members of the public are invited to submit written statements for the record of these proceedings. The hearing will begin at 10:00 a.m., in the main Committee hearing room, 1100 Longworth House Office Building.

All other details for the hearings remain the same. (See full Committee Advisory No. FC-2, dated January 6, 1995.)

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