This congressional report addresses the Workforce Development Act of 1995 that would consolidate federal employment training programs and create a new process and structure for funding the programs. Contents include the following: a summary of the bill; background and need for the legislation; history of the legislation and votes in committee; committee views; cost estimate; regulatory impact statement; section-by-section analysis; additional views of: Senator DeWine; Senator Pell; and Senators Pell, Simon, Jeffords, and Kennedy; minority views of Senators Kennedy, Dodd, Simon, Harkin, Mikulski, and Wellstone; and changes in existing law. Appended is a letter to Senator Nancy Kassebaum from Howard Dean, Tommy G. Thompson, Mel Carnaham, and Arne H. Carlson of the National Governors Association. (YLB)