U.S. TRADE DEFICIT REVIEW
COMMISSION

PRESS RELEASE 11

PUBLIC HEARING OF THE
US TRADE DEFICIT REVIEW COMMISSION

Washington, DC

Congressional and Agency Views and Perspectives
The U.S. Trade Deficit: Causes, Consequences, and Solutions
and
A Research Panel Perspective:
Trade and Economic Relations with China

(WASHINGTON, DC) -- The Trade Deficit Review Commission will hold a public hearing on Thursday, February 24, 2000, to take testimony from congressional leaders, and Administration and International Agency officials on the causes, consequences, and solutions for addressing the trade and current account deficits. A panel of experts from academia will address the future of trade and economic relations with China during the afternoon session. The hearing will be held from 10:00 am to 5:15 pm in Room 562 of the Dirksen Senate Office Building located at First Street and Constitution Avenue, N.E., Washington, DC 20510.

Public participation is invited. There will be an open-mike session for public comment at the conclusion of the afternoon session. Sign-up for the open-mike session will take place in the afternoon and will be on a first come first served basis.

The schedule follows:

Morning Session (10:00 am to 12:00 pm)

The Chairs: Chairman Murray Weidenbaum, and Vice Chairman Dimitri Papadimitriou

(10:00 to 11:00)

Opening Remarks by Authors of the Legislation:

A Perspective on the Role of the Commission, Trade Issues and Impacts

-	Robert C. Byrd, member U.S. Senate (D-WV)
-	Byron L. Dorgan, member U.S. Senate (D-ND)
-	Paul S. Sarbanes, member U.S. Senate (D-MD)

(11:00 to 12:00)

Trade Issues and Impacts -- Perspectives and Viewpoints

-	Paul Gramm, member U.S. Senate (R-TX)
-	Carl Levin, member U.S. Senate (D-MI)
-	Chuck Hagel, member U.S. Senate (R-NE)
-	James P. Moran, member House of Representatives (D-VA)

Afternoon Session (1:15 pm to 5:15 pm)

The Chairs: Chairman Murray Weidenbaum, and Vice Chairman Dimitri Papadimitriou

Administration and International Agency Viewpoints and Perspectives

(1:15 to 1:45)

-	Ambassador Richard Fisher, Office of the U.S. Trade Representative

(1:45 to 2:45)

-	Michael Mussa, International Monetary Fund
-	Lee Price, U.S. Department of Commerce
-	David A. Walters, Office of the U.S. Trade Representative

(2:45 to 4:45)

Issues, Impacts and Future of Trade and Economic Relationship with China

-	Gerrit W. Gong, Center for Strategic and International Studies
-	Harry Harding, George Washington University
-	Nicholas R. Lardy, The Brookings Institution
-	Greg Mastel, New American Foundation
-	Harry Wu, Loagai Research Foundation

(4:45 to 5:15)

Public Comment -- Open Mike Session