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.23\I9THCoNGRESS]on employment, roduction,andfor otherpurposes.House of Representativesof theis assembled,

ITLEs the"EmploymentAct of 1946".OF POLICYres hat t is the continuingpolicy)vernment o use all practicableI obligationsand other essentialL heassistancend cooperation fand ocalgovernments,o coordi-, and esourcesor the purposeof'calculatedo fosterandpromoteleneralwelfare,conditionsunderployment pportunities,ncludinging, and seeking o work, and touction,andpurchasingpower.15F TIIE PRESIDENT 4rmit o the Congress ot later thanric report (hereinafter called thelhe evels f employment,produc-g in the United Statesand suchdeclaredn section2; (2) currentof employment,production,andeconomicprogram of the Federal:conditions ffectingemploymentrrableportion thereof during theon employment,production,andrr carryingout thepolicydeclared

ac eve e(c)The EconomicReport,and all supplemunder subsection b) of this section,shall, wBl9lsrbe referred o thejoint committee reate1022.)Ilrsronrcar,Norn

1956 mendmen.-Subsection a)amen84thCongress,d session, ited o text, bb9g!n{ng of each regularsession commt947)."

COUNCIL OF ECONOMIC ADVISERS TOSsc. 4. (a) There is hereby created n thePresidenta council of Economic Advisers"Council"). TheCouncilshallbecomposed ftbe appointedby the President, y and wittr the aSenate,and each of whom shall be a persontraining, experience, and attainments s exanalyze,andnt-erpreteconomicdevelopmenand activitiesof the Government n the light osection2, and o formulateand recommend atipromote employment,production, and purchcompetitiveenterprise.The Presidentshalldebersof the Council as Chairman.2(b)The Council s authorized o employ, andsuch specialists nd other expertsas maybe nout of its functionsunder this Act, without relawsand he classificationAct of 1949,3 s amesubject to the civil service laws, to employemployees s maybe necessaryor carryingouI In the original Act, before amendments, his read:beginningof each egular session commencingwith the ye"at the beginning feach regularsession" n the LegislatiPublic,Law 01,79thCongress,st session.2 The original Act, beforeamendments, ead: "The Premembersof the Council aschairman andone as vice chairin the absence f the chairman."3 Originally ClassificationAct of 1923.This act was co

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concern ngnomic rends,both current andrretsuch nformation n the lightI for the purposeof determining'ends re nterfering,or are ikelyt of suchpolicy, and to compilers elating o suchdevelopmentsams ndactivitiesof the Federalnlicy declared n section2 for:xtent o which such programsg, and the extent to which;hievementf suchpolicyandto:sidentwith respect hereto;to the Presidentnationaleco-le reecompetitive nterprise,oliminish heeffects hereof.andion,andpurchasing ower;rdres, eports hereon,and rec-tersof Federaleconomicpolicyayrequest.rual eport to the President nts,anddutiesunder this Act-suchadvisory committeesandltivesof industry, agriculture,governments,nd othergroupslestextent possible,utilize ther (including tatisticalnforma-s aswell as of privateresearchof effort and expensemay be:spowers,unctions,and dutiesbeappropriated uchsumsas

bersand he sararies fofficersandemproye.su-ms.asay benecessary. or thesalaries f tsalariesof officers and -employeesof the Cthorized o be_appropriated-noixceedingSfgate or each iscalvear.".TO"\J, "CONOMIC COMMITTEs Ec5. (a)There shereby stabrishedJointEbe composed f eiehtMembersor ttt" senate,President f thesenate. ndeightMembeis f thtives, to be appointedbv the Sipeaker"rirr"-i"r*;iln eachcase, he majoritypariy shalrG-i"p....ntand the minorityparty shairbe representeo-y t(b) r shail e he unCtionfii!:"i"i'."rmite(l) to makea continuing tudyof matte, nomicReport;

. (2) to studymeansof coordinatingprogrthe policyof thisAct: and(3)as a guide o the several ommitteeswith legislation.relatingo the EconomicnMarch r ,aof eachyear.(6eginningith the yewith the Senateand the House"orRepreiefindingsand recommendationsith resperecommendations adeby thepresidenfin tand rom dme o time o mike suchotherreptions to the Senateand House of Represadvisable.(c)vacanciesn the.membershipf thejointcothepowerof he emainingmembirs o eiecute hcommittee, ndshailbe nted in thesamemannoriginal election. he oint committeett-utir.t.ctchairman rom among ts members. (d) The joint committee,or any dury auththereof, s authorized o hordsuctttrearing'ss t dwithin the rimitationsof its ,pp.opiiuiions, thempoweredo appointand ix the ompensationor{ In the originar ct. beforeamendments,his read: .May"February r" in rheLeeisrative eorganiiaiion-a.,'Jr c+e an| " in PublicLaw 405,80thCong..ztl i ir . '"" "- '" '

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exercisets powers,functions,thorized o be appropriatedfor)cessary,o be disbursedby theignedby the chairman or vice: cornpletionof the investigationlution 26,8lst Congress,as anttee, n any businessor profes-withoutcompensation, hallnot:bringing uch ndividualwithini4of title 18of the United Statesrsingestrictions,equirements,rntof persons, he performanceof compensationn connectionnvolving he United States. 15

rlorErf suchAct and the headingout "Joint Committeeon theieu hereof Joint Economicin which the name "Joint'appearss amendedo con- 4ameof theJoint Committee.Law 591,84thCongress, dnended y PublicLaw 86-1,e originalAct provided that:committeehallasnearlyasmbership f the majorityandsess.) s ollows: "Compensationorthe oregoingtemsunder'Contingentrdat such atesand in accordancewithnmittee n Rulesand Administration,provisionof law." (70Stat. 360.)

, n,session, ctoUei , 949.Jonrr Rnso"o"ron l rum 2TheJointEconomicommittees authopubrcatio en i red,,,Ff;;;i; -ini i. "t?.r,;; ;"shallbeprintedo furnish."; ;"py!;e"achMsecretaryndhesergeanttArmi"ofhesena

Arms,andDoorkeeperofheH;r;;TR;presethe b arie of theS9ryt9."nq t$; l;;o- Feven undredooies.o theJ"i"tE;;;mic cquired umberf opies-" ih;'$rii"ntJndentribu ion.todeposiory Ui"riesa"t'tf,"'iu p..iisauthorizedohave opies riniio ;;;t; t"iREORGANTZATIO;,AN NO.9(Preparedy thepresident-andtransmittedoHouse f Renrese-ntativesn tongr"r,-l53,pu sua"i.t".!n. n.L"irio"Jirin. R1949,as amended)

COUNCIL OF ECONOMIC ADVISThefunctionsvested n.theC_ouncilf EconoX{:*ljl: EfnJgvqrenlctof. e4ei;o i" . 2runctronsestednthe,counc' yseciion (c) freportingo thepresidentwith respecG ,nt fuunderhesaid ection n, u." hei"f,ii.anir.r.eocouncilof EconomicAdvisers.-ThJ;;il;" ofcouncil of Economic.Advisers,i'Liia.J r"r insection (a)of thesaidAct, is li.;;;;;;[shed.

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IN THE SENA. Murray (for himself,iMahoney, Mr. Morse, Mr.the following bill; whttee on Banking and Cur

o establish a national poliment in a free comof industry, agriculturFederal Government.Be it enacted by the Senited States of America isEcrroN r. This Act may945:' Dnc

sEc.s. The Congress er(a) It is the policy of theise and the investment ofthe development of the nt(b) Alt Americans able t[ul, remunerative, regulicy of the United Stateient employment opport,ished their schooling anponsibilities freely to ex

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, . ,rres asmay be necessary " urr".. tfrut ,jtect to.prices, production, or distribu.rrces, rll not tnterfere with the achieve.I iuclude.a report on the distributionre preceding fiscal year, or such tongerr.appropriate, together with an evalia,rbutronof the national income of the:t.rme o time transmit to Congresssuch:,;.:l, information, programs, or tegislative 1ln necessary r desirable in connection-r Natrolrer, Buocrret shall be prepared in the Executivegeneral direction and supervision of.with the membersof his eabinet and,tablishmen$.: to the severaldepartments and estab-Ltes nd other information as will en-

rHs NerroNer Buocrr

rd programsasmay be neededduring :ars to help achievea full employ-..Isuch advisory boards or committees

dustry, agriculture, labor, and Stateashemay deem advisable or the pur-Lmethodsof achieving the objeciives

isheda Joint Committee on the Na,-,the chairmen and ranking minority:s on Appropriations, Banking andand Finance, and seven addiiional.nted by the President of the Senate;nority members of the Ffouse Com-

, (r ) to report to the Senate and the {oT"i. later than March r of eachyear, ts findi1' with respect to the National Budget, to,. tion setting forth for the ensuing fi.scal:, respect to such National Budget to ser, committees of Congressdealing with l'' National Budget., (c) Vacancies n the membership of the Joithe power of the remaining members to emittee, and shall be filled in the same miginal selection. The committee shall selirman from among its members.; (d) The Joint Committee, or any dulyf, is authorized to sit and act at such plsubpena or orherwise the attendance of slduction of such books, papers,and documentto take such testimony, to procure such prinmake such expenditures as t deems advisablrvices to report such hearings shall not bhundred words. The provisions of sections rRevised Statutes shall apply in case o{ anycomply with any subpena,or to testify when sof this section.(e) The Joint Committee is empowered tpensation of such experts, consultants, tec.stenographicassistance s t deemsnecessary. pensation so fixed shall not exceedthe com'the ClassificationAct of rg23, as amended, fcommittee may utilize-suqh voluntarY andI it deems necessaryand is'authorized to utii tion, facilities, and personnel of the departm

f -L^ r^:-- r^*^3Lr^^ -(f The expensesof the Joint Committeethe contingent fund of the Senate and one-ha, of the Flouse of Representatives upon yauchor Yieechairman,

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8/14/2019 Qf,Se LtJunoJ Aql Jo Slequleu Aq1 t

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8/14/2019 Qf,Se LtJunoJ Aql Jo Slequleu Aq1 t

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