Congressional Hearing on the Future of the European Union
January 1, 2015
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The Frame
The hearing provides a record of U.S. legislative perspectives on the stability of the European Union and the Greek debt crisis as of July 2015, which influenced U.S. foreign policy and economic outlooks regarding European allies.
Potentially affected actors named in the source documents. Mention is not a position.
Greek citizens
The economic conditions in Greece, including high unemployment and debt, are central to the subcommittee's discussion on EU stability.
European Union member states
The hearing evaluates the management and future integration of the 28 member nations.
Last recorded activity January 1, 2015.
Next step not available in the current record.
Summary
Key Facts
- The hearing took place on July 14, 2015, before the Subcommittee on Europe, Eurasia, and Emerging Threats.
- The European Union consists of 28 national governments representing over 500 million people.
- The combined GDP of the European Union is stated to be over $18 trillion.
- The Greek economy had shrunk by 25 percent at the time of the hearing.
- Youth unemployment in Greece was reported at 50 percent in July 2015.
- The subcommittee discussed a recent agreement intended to keep Greece in the eurozone.
Frequently Asked Questions
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Why It Matters
The hearing provides a record of U.S. legislative perspectives on the stability of the European Union and the Greek debt crisis as of July 2015, which influenced U.S. foreign policy and economic outlooks regarding European allies.
News Coverage
Lobbying Activity
60 Plus Association
2026
“Signed a coalition letter opposing any efforts to raise the corporate tax rate above the 21% level set in the 2017 Tax Cuts and Jobs Act (TCJA). Signed a coalition in support of the Family Business Legacy Act, H.R. 6329. This legislation creates parity in the tax code between the estate and gift taxes by allowing an estate tax deduction for contributions to 501(c)(4), (c)(5), and (c)(6) organizations. Signed a coalition letter urging opposition to proposals that would raise taxes on carried interest investment income.The letter is urging Congress to reject the misnamed Carried Interest Fairness Act, legislation recently reintroduced by Senators Tammy Baldwin, Elizabeth Warren, Bernie Sanders, and other progressive members of Congress. This legislation that would increase the tax rate on carried interest investment by 70%, from 23.8% to 40.8%. Signed a coalition letter in support of H.R.574 - ALIGN Act and highlight the 100% bonus depreciation provision's importance as the tax cut reauthorization efforts continue. Signed a coalition to support of repealing IRA's green new deal subsidies in reconciliation to pay for tax cuts. Signed a coalition letter regarding digital services taxes (DST) in an effort to stop Canadas imposition of a discriminatory digital services tax (DST) on U.S. firms and your efforts to include restrictions on the imposition of DSTs and other unfair digital policies in recently announced trade agreements-providing a model for future trade negotiations. Signed a coalition letter urging the President to index capital gains for inflation.”
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Discoveries
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Sources
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Analysis Score
0–100- Significance40How much this matters to a regular citizen
- Controversy30Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz5Current news / social attention level
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