[Congressional Record Volume 144, Number 3 (Thursday, January 29, 1998)]
[Daily Digest]
[Pages D37-D38]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
(Committees not listed did not meet)
NATIONAL DEFENSE REPORT
Committee on Armed Services: Committee concluded hearings to examine 
certain national security requirements of the United States, including 
the force structure necessary to meet those requirements, after 
receiving testimony from James R. Schlesinger, former Secretary of 
Defense.
NATIONAL SECURITY: NATO
Committee on Armed Services: Committee concluded hearings to examine 
national security implications of enlarging NATO and the continued 
deployment of United States forces in Bosnia, after receiving testimony 
from Henry Kissinger, former Secretary of State and former National 
Security Advisor.
FINANCIAL MARKET CIRCUIT BREAKERS
Committee on Banking, Housing, and Urban Affairs: Subcommittee on 
Securities concluded oversight hearings to examine the Department of 
Treasury's views on ``circuit breakers'' in United States financial 
markets, the name commonly given to coordinated trading halts in the 
equity and equity-derivative markets that are required when large price 
moves of predetermined magnitude occur, after receiving testimony from 
John D. Hawke, Jr., Under Secretary of the Treasury for Domestic 
Finance; Susan M. Phillips, Member, Board of Governors of the Federal 
Reserve System; Arthur Levitt, Chairman, Securities and Exchange 
Commission; Brooksley Born, Chairperson, Commodity Futures Trading 
Commission; James L. Cochrane, New York Stock Exchange, Inc., and James 
F. Duffy, American Stock Exchange, Inc., both of New York, New York; M. 
Scott Gordon and Jack Sandner, both of the Chicago Mercantile Exchange, 
and Edward J. Joyce, Chicago Board Options Exchange, all of Chicago, 
Illinois; and Richard G. Ketchum, National Association of Securities 
Dealers, Inc., Washington, D.C.
ECONOMIC OUTLOOK
Committee on the Budget: Committee concluded hearings to examine the 
current outlook for the United States economy and the implications for 
monetary policy, after receiving testimony from Alan Greenspan, 
Chairman, Board of Governors of the Federal Reserve System.
EDUCATION FUNDING REFORM
Committee on the Budget: Committee held hearings to examine the impact 
of research and technology on elementary and secondary education, 
receiving testimony from Senator Bingaman; Eleanor Johnson, Assistant 
Director for Education and Employment Issues, General Accounting 
Office; Steven H. Goldman, Ball Foundation, Glen Ellyn, Illinois; 
Robert E. Slavin, Center for Research on the Education of Students 
Placed at Risk/Johns Hopkins University, Baltimore, Maryland; Harold 
Hodgkinson, Institute for Educational Leadership, and Thomas K. 
Glennan, Jr., RAND, both of Washington, D.C.; Michael Moe, Montgomery 
Securities, San Francisco, California; and James S. Lanich, Technology 
For Learning/Los Angeles County Office of Education, Downey, 
California.
  Committee recessed subject to call.
IRS REFORM
Committee on Finance: Committee held hearings on proposals and 
recommendations to restructure and

[[Page D38]]

reform the Internal Revenue Service, including related measures S. 1096 
and H.R. 2676, receiving testimony from Representative Portman; Donald 
C. Alexander, Akin, Gump, Strauss, Hauer & Feld, Sheldon S. Cohen, 
Morgan, Lewis & Bockius, Fred T. Goldberg, Jr., Skadden, Arps, Slate, 
Meagher & Flom, and Margaret M. Richardson, Ernst & Young, each a 
former Commissioner of Internal Revenue, Michael E. Mares, American 
Institute of Certified Public Accountants, and Stefan F. Tucker, 
Tucker, Flyer & Lewis, on behalf of the American Bar Association, all 
of Washington, D.C.; Douglas C. Burnette, National Society of 
Accountants, Alexandria, Virginia; Paul Cherecwich, Jr., Thiokol 
Corporation, Ogden, Utah, on behalf of the Tax Executives Institute, 
Inc.; and Bryan E. Gates, Clearwater, Florida, on behalf of the 
National Association of Enrolled Agents.
  Hearings continue on Thursday, February 5.
MEDICARE FRAUD
Committee on Governmental Affairs: Permanent Subcommittee on 
Investigations resumed hearings to examine fraud in the Medicare 
program, focusing on the enrollment process administered by the Health 
Care Finance Administration, receiving testimony from John M. Frazzini, 
former Investigator, Permanent Subcommittee on Investigations; John E. 
Hartwig, Deputy Inspector General for Investigations, Cathy E. Colton, 
Assistant Regional Inspector General for Investigations (Miami, 
Florida), and Susan A. Frisco, Special Agent (New York City), all of 
the Office of Inspector General, and H. Donna Dymon, Nurse Consultant 
(San Francisco, California), and Dewey Price, Team Leader (Miami, 
Florida), both of Operation Restore Trust, both of the Health Care 
Financing Administration, all of the Department of Health and Human 
Resources; and an incarcerated witness.
  Hearings were recessed subject to call.