News Releases

Grassley Q & A: Alternative Minimum Tax    Q: What is the Alternative Minimum Tax? A: In 1969, it was discovered that 155 of America’s wealthiest taxpayers paid no income tax by utilizing legal deductions and tax shelters. In order to make sure these renegade rich paid their share, Congress enacted the Alternative Minimum Tax. This new tax was...

Grassley: Education Benefits for 34th Infantry Moving Forward WASHINGTON—A meeting today gave great promise that a major bureaucratic glitch affecting Iowa National Guard members’ education benefits could soon be fixed giving Guard members time to register for spring college classes.  This fix would also make eligibility for enhanced GI bill...

Growing Trade, Growing Vigilance: Import Health and Safety Today and Tomorrow Grassley Statement from Senate Finance Commitee Hearing American consumers derive great benefit from our open system of international trade. Lower prices. More choices. Year-round access to seasonal foods. Our markets allow us to choose from among the best products that the world...

Grassley Urges Florida, Georgia Governors to Examine Fuel Regulations that Hinder Ethanol Use             WASHINGTON – Senator Chuck Grassley today brought to the attention of Florida Governor Charlie Crist and Georgia Governor Sonny Perdue that their states’ fuel regulations impede the blending and use...

House vote on SCHIP veto             Sen. Chuck Grassley, Ranking Member of the Committee on Finance, issued the comment below about the outcome of the vote in the House of Representatives today to try to override the President’s veto of compromise legislation to reauthorize the children’s health...

Grassley Urges Florida, Georgia Governors to Examine Fuel Regulations that Hinder Ethanol Use             WASHINGTON – Senator Chuck Grassley today brought to the attention of Florida Governor Charlie Crist and Georgia Governor Sonny Perdue that their states’ fuel regulations impede the blending and use...

What’s Up, Doc? By U.S. Sen. Chuck Grassley    Bugs Bunny posed his famous query to the likes of Elmer Fudd and Wile E. Coyote.  The iconic rabbit ruffled the feathers of his antagonists with one simple quip: “What’s Up, Doc?”   As Iowa’s senior U.S. Senator, I work tirelessly to represent the interests of my home state and hold the...

Restitution for crime victims DORGAN – GRASSLEY PROPOSAL TO SPUR FEDERAL CRIMINAL DEBT COLLECTION GETS SENATE OK             ( WASHINGTON, D.C. ) --- Two Senators say the federal government must do a better job of collecting over $46 billion of federal court-ordered criminal restitution and fines...

Oversight of the General Services Administration Floor Statement Mr. President, I come to the floor today to report that senior executives at the General Services Administration (GSA) may have failed to meet their responsibilities to the American Taxpayers.   These issues are carefully examined in two oversight investigations conducted by my...

Grassley, McCrery Seek Treasury Response on Taxpayer Impact of Delayed AMT Relief WASHINGTON – Sen. Chuck Grassley, ranking member of the Committee on Finance, and Rep. Jim McCrery, ranking member of the Committee on Ways and Means, today asked the Treasury secretary for a detailed analysis of the impact on taxpayers of the Democratic-led Congress’ failure...

Grassley, Iowa Delegation Work for Education Benefits for 34th Infantry Members             WASHINGTON -- Senator Chuck Grassley, along with members of the Iowa Congressional delegation, have joined colleagues to ask President George Bush to correct a major bureaucratic glitch affecting Iowa National...

Grassley Urges Export-Import Bank to Better Screen Funding Projects WASHINGTON – Sen. Chuck Grassley, ranking member of the Committee on Finance, today urged the head of the Export-Import Bank to screen funding projects more carefully in the future in light of yesterday’s report pointing out shortcomings. The text of Grassley’s letter follows...

Grassley Q & A: Country of Origin Labeling    Q: What is Country of Origin Labeling? A: As a family farmer, I take pride in the fact that the crops we harvest in the heartland make it to dinner tables around the world.  A lot of people want to know where the food on their tables comes from. Congress responded to this sentiment five years...

CHIP Compromise Bill Does Not Extend Coverage to Families With $83,000 incomes HHS Retains Authority to Deny State Plan Amendments Inconsistent With CHIP               WASHINGTON – Sen. Chuck Grassley, ranking member of the Committee on Finance, and Sen. Pat Roberts, committee member, today...

Grassley: Report Shows Export-Import Bank is Not Screening Enough to Prevent Funding Projects that Hurt U.S. Industry, Including Ethanol WASHINGTON – Sen. Chuck Grassley, ranking member of the Committee on Finance, today said a new report affirms his long-time concern that the Export-Import Bank of the United States is not screening potential funding...

Grassley: IRS’ Lost Taxpayer Case Files Show Agency Weakness, Despite House Anti-Private Contractor Effort   Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on a report from the Government Accountability Office (GAO) on IRS management of paper case files. The Finance Committee requested the...

Grassley Urges Investment in Conservation Funding, Rural Development WASHINGTON – Senator Chuck Grassley today laid out his priorities for money freed in the farm bill thanks to legislation passed in the Senate Finance Committee, of which he is the top Republican.    In his weekly conference call with Iowa agriculture reporters, Grassley urged...

Grassley Opposes House Bill to End IRS’ Private Debt Collection Program, Says Effort is Misguided Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on the House bill to terminate the IRS’ private debt collection program. The bill is under House consideration today.   "This bill is dead on arrival...

Grounding Government Jet-Setters  By U.S. Sen. Chuck Grassley    Frequent flyers have come to expect frequent delays, unexpected flight cancellations and packed flights as air travel exceeds levels prior to the 9/11 terrorist attacks. The layovers and uncertainty cause plenty of inconvenience for leisure and business...

Grassley Statement on Tax Title to Farm Bill, Peru Trade Agreement From Senate Finance Committee Mark-Up Thank you, Mr. Chairman. First, I want to again thank you for your leadership in moving the legislative process forward with respect to our piece of the farm bill and the trade agreement with Peru. The Finance Committee has a long history of responding...