Founded in 1946 by the United States Congress, the Joint Economic Committee (JEC) was created to provide a forum for discussing and analyzing economic issues affecting the nation. The idea came from the need for a bipartisan group that could study economic trends and provide recommendations to Congress. Today, the JEC is composed of members from both the House of Representatives and the Senate, and it continues to operate under the oversight of Congress. Today, the JEC covers a wide range of topics related to the economy, including economic policy, labor markets, fiscal issues, and economic research. Based in Washington, D.C., the committee aims to keep lawmakers and the public informed about significant economic developments and provides reports, testimonies, and data that are relevant to understanding the U.S. economy. One interesting fact: A unique aspect of the JEC is that it often holds hearings and discussions featuring expert witnesses, including economists and industry leaders, allowing for a diverse range of perspectives on economic issues that impact everyday Americans.
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