Council of Economic Advisers

Council of Economic Advisers

Council of Economic Advisers

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	edHelper's suggested reading level:	grades 6 to 8
	Flesch-Kincaid grade level:	8.39

Vocabulary

	challenging words:		cabinet-rank, policies, objective, agency, status, production, domestic, federal, provides, purpose, successful, government, valuable, policy, economy, power
	content words:		Economic Advisers, Executive Office, Employment Act, Economic Report

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Council of Economic Advisers
By Meg Leonard

¹     The Council of Economic Advisers is an agency within the government. It is part of the Executive Office of the President. There are three members of the council. There is a chair and two members. The chair is chosen by the president. The Senate has to confirm this choice. The council is supported by other staff members. This staff includes professional senior economists, staff economists, and research assistants. It is also supported by a statistical office. The council has the status of cabinet-rank. This means that the chair is not the head of a federal department. However, the council gives the president advice on economic matters.

²     The Council of Economic Advisers was established by Congress. It was part of the Employment Act of 1946. Its purpose is to form and suggest national economic policies. These policies support employment, production, and purchasing power. The council prepares an annual report for the president. It is called the Economic Report. It gives the president a summary of the country's economic progress. The report is written by the chair of the council.

³     The council is in charge of giving the president objective advice. The advice is used to form economic policy. Some .....
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