Transcription of Senator Grassley's Capitol Hill Report


  

     STAFF:  The following is an unrehearsed interview with Iowa

Senator Chuck Grassley speaking to you live from Washington.

Participating in today's public affairs program are Darin Svenson with

KDEC Radio in Decorah and Eric Owomoyela with the Mt. Pleasant News

in Mount Pleasant. 

 

     The first question will be from Darin Svenson. 

 

     QUESTION:  Senator, President Obama assigned another form of

economic stimulus into law yesterday.  What's a fair amount of time

for us constituents to judge whether this thing is or is not working

in the economic, hopefully, turnaround? 

 

     GRASSLEY:  Well, thank you, Darin and Eric, for participating.  I

appreciate it very much. 

 

     The answer to your question, let me clarify one thing.  The

technical term "stimulus" was a bill that passed a week ago signed by

the president.  And I'll answer your question on that. 

 

     But let me clarify what passed yesterday was what we call the

appropriation bills that we have to have to fund the federal

government for the rest of this fiscal year because we didn't get the

job done last fall. 

 

     And so let's go back to your question about the stimulus.  Well,

the idea is, in a two-year period of time, spending about half of the

money that's in the stimulus bill in that period of time, every dollar

that the states get, they have to be committed to spending -- start

out spending in 120 days.  That's what we call "shovel-ready

projects."  And then the rule of use-it-or-lose it within a two-year

period of time or you -- it's -- you aren't going to get it. 

 

     And so the answer to your question is it's supposed to be turning

the economy around by the end of this year into next year.  But I

hope, you know, I'm going to make you cynical when I say this and,

hopefully, you know it anyway.  Government isn't a sound science.  And

so there's no way that I can guarantee you that this money that's

going to be spent will actually do what you say it's going to do. 

 

     But, also, it's not the only thing that we have in it.  In other

words, the spending money, because don't forget about a third of

what's -- actually 36 percent of what in this bill affects tax policy.

 

     And most of that tax policy is less money being withheld from

people for the rest of this year with the idea that more money in your

paycheck from week to week, you will spend it and so it'll go towards

the 70 percent of the economy that is consumer and beef up that end up

it as well. 

 

     So you're looking at infrastructure spending as well as consumer

spending as part of this bill to rejuvenate the economy.  Now, if I

can also say one additional thing you didn't ask, and that is that I

voted against it not because of what I just explained to you, but half

of the spending in this bill -- a little over half of the spending in

this bill isn't going to be spent until out years after 2010.  So it's

not stimulus.  And it was only used by the leaders of the Congress to

avoid the congressional appropriation process which is where it ought

to be considered because that's where you measure priority. 

 

     You don't spend -- pass those bills in two weeks like the

stimulus bill.  You spread that out over a period of four or five

months to give more deliberation.  And just one example, medical --

computerized medical records, I like that program but only 3 percent

of that $12 billion that's in this bill is going to be spent in 2009

and 2010.  And it ought to have gone through the regular appropriation

process. 

 

     Let's go to Eric. 

 

     QUESTION:  Yes.  Senator, the president has also outlined his

goals for the 2010 budget.  And one of the thing that made headlines

was -- is his treatment of agricultural subsidies.  I'm wondering if

you could give me -- do you have a sense of how this new

administration is going to differ from President Bush's? 

 

     GRASSLEY:  Yes.  On agriculture? 

 

     QUESTION:  Yes. 

 

     GRASSLEY:  On the point that you brought up, I don't think

there's going to be much difference.  I'll explain that in just a

minute. 

 

     I want to give you an overview of that budget just in case we

don't get a chance to go into it.  At the end of ten years, it's still

showing a tripling of the national debt.  So in an overview, it spends

too much, it taxes too much, and it borrows too much. 

 

     Now, in regard to the agricultural policies, the one area where

it deals the most with the farmer safety net is pretty much like what

Bush wanted to accomplish.  And we didn't -- I agreed with Bush on it,

and I agree with Obama on it.  But we weren't able to get it done in

the Farm Bill.  So this gives us another bite at the apple. 

 

     And that is the problem of 10 percent of the biggest farmers

getting 72 percent of the benefits out of the Farm Program, and they

follow the suggestion that Senator Dorgan and I, in a bipartisan way,

have been pursuing for four or five years.  And that is to cap it at

$250,000. 

 

     Now, the administration goes one step further and wants to take

direct payments away from any farmer that has a gross income of more

than a half a million dollars.  Now, there's one word left out, and

maybe I could buy into that part of the program.  But the way it is, I

can't. 

 

     The one word left out is the word "adjusted."  In other words,

gross income has nothing to do with a farmer's profit.  And so we need

to make sure that it's adjusted gross income at some figure that we

would cut out direct payments.  I don't believe direct payments should

be cut out, though.  And that's why I think we need a limit on all

payments; 3 kinds of payments:  direct, countercyclical, and LDP. 

 

     And you need to include all of them, and that's what the $250,000

cap does. 

 

     Back to Darin. 

 

 

     QUESTION:  Senator, Iowa's kind of been the butt of some jokes

lately getting $1.8 million, I believe, to study ways to reduce the

effects of hog manure smell here in the state of Iowa.  In your mind,

why or why not is this needed? 

 

     GRASSLEY:  Well, I voted against that particular earmark.  I

don't want to say it's not needed, but I've -- I've taken a view that

some of these earmarks aren't needed at least right now or there's

other ways of financing them.  And there's already a lot of money

being spent by Iowa State University and through the pork producers

themselves to study this. 

 

     And Iowa State did not know anything about this, so I don't know

whether it was really an earmark or not because it didn't say that it

was going to Iowa State.  But Iowa State's involved in this. 

 

     I don't oppose such studies going on, but I didn't think that

this additional money was needed. 

 

     Back to Darin  -- or no, Eric.  I'm sorry. 

 

     QUESTION:  Senator, we have our -- first new round of flood

recovery this year -- this week.  And I'm wondering if you could talk

a little bit about how you view the...

 

     GRASSLEY:  You got cut out. 

 

     QUESTION:  Sorry.  I was wondering about how you view the federal

government's continuing role in dealing with flood recovery here in

Iowa. 

 

     GRASSLEY:  Yes.  Well, if this is too short of an answer, let me

know and I'll fill it in. 

 

     I consider the federal government and insurer of last resort.

And I think it's been that way for at least 30 or 40 or maybe 50 years

and maybe even before then.  I don't know. 

 

     But when there's natural disasters that you can't insure for --

and I know we have flood insurance, but that doesn't mean everybody's

going to get it or it's going to take care of all their needs.

Anyway, we need to fill in where insurance doesn't fill in.  And we've

been doing that for years and years.  And we're going to supply the

money that it takes to get people back to whole.  It's not going to

help people more than whole, and in some instances, it might not even

make them whole. 

     But our intention is to work in that direction, and we're still

helping Katrina after four years, and we'll probably be helping parts

of Iowa still for another four years. 

 

     But there's still $24 billion appropriated in October and only a

small part of that's actually spent yet. 

 

     Back to Eric -- or whoever.  I forgot who I'm calling on. 

 

     QUESTION:  All right.  Senator, Senator Obama and the Obama

administration has put a goal of getting going on comprehensive health

care reform here in the nation.  With the economic conditions, is that

a realistic thing to do right now?  Or is it something that you

probably shouldn't put on the government's plate knowing what else is

going on right now? 

 

     GRASSLEY:  I think we have to work on it because it's a terrible

problem out there.  I think it's a case of emphasis.  Right now, the

emphasis of the administration should be on our economic recession and

the recovery.  But it doesn't mean we can't be working on other things

at the same time. 

 

     Maybe it's impossible for one president to work on more than one

thing at one time, but in the Congress, we've got so many different

committees that we -- we're going to be able to find time to work on

it. 

 

     Thank you, Darin and Eric, participating in today's public

affairs program.  This has been Senator Chuck Grassley reporting to

the people of Iowa. 

 

     Thank you, both, very much.