News Releases

Statement on Protecting Medicare and Social Security It's wrong to mislead Americans into believing that we can't provide tax relief for hard-working families and protect Medicare and Social Security at the same time. Over the next 10 years, $3.8 trillion will be spent on Medicare. That's more than twice the size of any tax cut. Meanwhile, those who want to...

Grassley Works to Help Tax Code Encourage Charitable Giving ? Sen. Chuck Grassley, chairman of the Committee on Finance, today said he is working toward making the tax code more hospitable to charitable giving because of tremendous need among charities and high demand from would-be donors. "Charities have a lot of needs, and Americans have a lot to give,"...

Committee Unanimously Passes Chairman Grassley's Education Package The Committee on Finance today approved a legislative package from Chairman Chuck Grassley that would help parents save and pay for their children's education, encourage employers to pay tuition for employees hoping to better themselves, and make it easier to earn a degree without securing a...

Grassley Works to Help Americans Without Health Insurance ? Sen. Chuck Grassley, chairman of the Committee on Finance, today called the high number of Americans without health insurance unacceptable and pledged to develop and consider solutions. "No one will argue that it's unacceptable for millions of Americans to lack access to health care coverage,"...

Grassley Announces Subcommittee Hearing on the Death Tax

Grassley Releases Witness List for Second Hearing on the Uninsured Janet Stokes Trautwein, Director of Federal Policy Analysis, National Association of Health Underwriters, Arlington, Va. Jack A. Meyer, Ph.D., Founder and President, Economic and Social Research Institute, Washington, D.C. A Panel Consisting of: Karen Davis, Ph.D., President, The...

Word On: Improper Medicare Payments   Q: How many Medicare dollars a year are chalked up to errors or waste, fraud and abuse? A: The annual audit of Medicare’s finances showed the Department of Health and Human Services has made substantial progress to keep better track of the tax dollars used to pay for the health care services of 39 million older and...

Grassley Announces Trade Hearing; Greenspan to Testify Hearing: "International Trade and the American Economy" Date/time: Wednesday, April 4, 2001, at 10 a.m. Location: 215 Dirksen Senate Office Building Description: Sen. Chuck Grassley, chairman of the Committee on Finance, recognizes that trade liberalization -- the 40-year, American-led effort to open...

Door Is Always Open by Sen. Chuck Grassley of Iowa   Spring fever is in the air. It seems you aren't engaged in a conversation for very long before the discussion turns to someone's anxiety to get the long, harsh winter behind us. Iowans are ready for Mother Nature to freshen up the landscape with her colorful palette of pastels.   From spring...

Grassley Announces Mark-up of Education Bill Event:mark-up, chairman's mark of the Affordable Education Act of 2001 Date/time:Tuesday, March 13, 2001, at 10 a.m. Location:215 Dirksen Senate Office Building Description:President Bush has made education a priority. The Senate committees of jurisdiction have followed his lead. The full Senate is likely to...

Grassley Announces Hearing on Charitable Giving John P. Walters, President, The Philanthropy Roundtable, Washington, D.C. Donald C. Alexander, Former IRS Commissioner, Washington, D.C.

News Conference on the Tax Debate in the Senate There's a lot of talk about how quickly the House is moving on the tax bill and the contrast with the Senate. Well, consider this. Tax legislation flows like a river. It starts in the House, where it's like a river in the mountains, swift-moving and even a little rough. As it reaches the Senate downstream that...

Grassley Urges Comprehensive Family Tax Relief ? Sen. Chuck Grassley, chairman of the Committee on Finance, today said he is committed to comprehensive family tax relief addressing the child tax credit, the marriage tax burden and the alternative minimum tax. Grassley's comments came after a hearing at which experts testified about the federal tax hardships...

Grassley Announces Hearings on the Uninsured Medicaid and Private Health Insurance Issues, United States General Accounting Office, Washington, D.C. Diane Rowland, Executive Director, Kaiser Commission on Medicaid and the Uninsured, Washington, D.C. Mary R. Grealy, President, Healthcare Leadership Council, Washington, D.C. Richard W. Johnson, Senior...

USDA Purchase of StarLink Corn Sen. Grassley issued the following comment in response to today's announcement that USDA will purchase StarLink corn: "I'm pleased to see that USDA has developed a program to take StarLink corn out of circulation by purchasing corn containing the Cry9C protein from seed companies. It's also a relief to me and many corn growers...

Grassley Calls for Cuts in Marginal Income Tax Rates ? Sen. Chuck Grassley, chairman of the Committee on Finance, today said cuts in marginal tax rates will build more fairness into federal income taxes and stimulate the economy. Grassley's comments came after a hearing at which experts endorsed marginal rate cuts as President Bush proposes. "When we're...

Grassley Releases Witness List for Marginal Rates Hearing Dr. Henry Aaron, Senior Fellow, The Brookings Institute, Washington, D.C. A Panel Consisting of: Michael Brostek, Director, Tax Administration and Justice Issues, General Accounting Office, Washington, D.C. Glen Bower, Director of Revenue, State of Illinois, Springfield, Illinois Carol Markman,...

Comment on US DOT Ruling for Burlington Air Service Sen. Chuck Grassley today issued the following comment in response to news that the US Department of Transportation prohibited Corporate Airlines from suspending Trans World Express service in Burlington for 30 days beyond the end of its 90-day notice period while the US DOT reviews proposals for...

annual audit of Medicare payments The Department of Health and Human Services is prepared to release its annual report on the amount of improper payments through Medicare. The report shows a decrease in improper payments to $11.9 billion in Fiscal Year 2000 from $13.5 billion in Fiscal Year 1999 and $12.6 billion in Fiscal Year 1998. Sen. Chuck Grassley,...

Grassley Creates Value-Added Agriculture Development Grant Program $20 Million Available to Help Farmers Pursue Value-Added Ventures - Sen. Chuck Grassley today announced that the Rural Business-Cooperative Service will be awarding approximately $20 million in competitive grants through the "Value-Added Agriculture Development Grant Program." The fund,...