[Congressional Bills 103th Congress] [From the U.S. Government Publishing Office] [H. Con. Res. 211 Introduced in House (IH)] 103d CONGRESS 2d Session H. CON. RES. 211 To express the sense of the Congress that the President should convene a White House Conference on Savings. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 24, 1994 Mr. LaRocco submitted the following concurrent resolution; which was referred to the Committee on Banking, Finance and Urban Affairs _______________________________________________________________________ CONCURRENT RESOLUTION To express the sense of the Congress that the President should convene a White House Conference on Savings. Resolved by the House of Representatives (the Senate concurring), That it is the sense of the Congress that the President should convene a White House Conference on Savings to address-- (1) the sharp and continuing drop in the rate of personal savings and investment in the United States; (2) the effect of the decline in domestic savings on America's need to borrow capital abroad; (3) the effect of the decline in the rate of personal savings on the United States economy, including its effect on capital formation, investment, research and development, new technologies, entrepreneurship, employment and job creation; and (4) possible governmental and nongovernmental actions to increase the rate of personal savings. <all>