This report concerns the feasibility of developing and putting into operation a family impact statement. Creation of a process for assessing the potential effect of policies on families is seen as particularly important now, given the current state of the economy, projected funding cutbacks for social programs, and the increasing need to identify priorities. The report explores: (1) the potential value of a family impact statement; (2) the scientific feasibility of defining and putting it into operation; (3) the knowledge base and analytic framework for the statement; and (4) the system or process that could produce it. The report is based on interviews with a small number of experts, both scholars and government officials in such fields as child development, family sociology, family and child welfare, evaluation research social indicators, political science, policy analysis and family policy, and on a review of relevant literature. It also draws on interviews connected with related research activities in the United States and Europe. The purpose of developing family impact statements is the improvement of the conditions of families in the United States. (Author/MS)