News Releases

CBO Predicts $2.3 Trillion More Red Ink than White House    M E M O R A N D U M   To:       Reporters and Editors Re:       New CBO projections on debt   Sen. Chuck Grassley, ranking member of the Committee on Finance and a senior member of the Budget Committee, today made the...

Grassley, Schumer Promote Greater Public Access to Federal Courtrooms WASHINGTON -- Senators Chuck Grassley of Iowa and Charles Schumer of New York, have introduced legislation to allow federal trial and appellate judges to permit cameras in the courtroom.  The Senators have led efforts over the last several years to ensure the sun shines in on the...

Grassley Introduces Bill to Reduce Performance-Enhancing Drug Abuse    WASHINGTON- Senator Chuck Grassley yesterday introduced legislation that would limit access to the performance-enhancing substance Dehydroepiandrosterone (DHEA) in an effort to decrease the abuse of performance-enhancing drugs by minors. The "Dehydroepiandrosterone Abuse...

Grassley Q & A: Cherry Blossoms    Q:  What are Cherry Blossoms? A:  Cherry Blossoms cover the cherry trees that surround the Tidal Basin at the base of the Jefferson Monument and are found many other places in the nation’s capital city.  They are truly a thing of beauty.  Based on the history of the trees in Washington,...

Grassley calls on Fannie and Freddie to justify bonus programs amid losses and bailouts    WASHINGTON --- Senator Chuck Grassley is asking Fannie Mae and Freddie Mac to account for their retention bonus programs while the entities were losing money and even after they accepted taxpayer-funded...

Transcription of Senator Grassley's Capitol Hill Report    Introduction: 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 Ed Funston with K-I-L-R Radio in Estherville and Sara Sedlacek with the West Liberty Index in West Liberty....

USDA and IRS work to combat fraud identified in Grassley GAO reports             Senator Chuck Grassley today released the following comment after the Department of Agriculture and the IRS announced that they will begin working together to combat fraud in the farm payment system.    Grassley...

More Than $3.8 Million to Iowa for Disaster Recovery                WASHINGTON – Senator Chuck Grassley said today that the U.S. Department of Homeland Security’s Federal Emergency Management Agency, or FEMA, has awarded funds totaling $3,804,334.88 to Iowa as it continues to recover from 2008...

Grassley Leads Legislative Effort to Curb Bonuses at Bailed-out Companies    WASHINGTON – Sen. Chuck Grassley of Iowa is the lead Republican sponsor of bipartisan legislation introduced today to curb bonuses at financial companies that have taken billions of tax dollars as part of the government’s bailout.   The bill’s targets include...

$400,398 to the University of Iowa from the National Science Foundation    WASHINGTON - Senator Chuck Grassley today announced that the University of Iowa has received a grant with the intended total amount of $400,398 from the National Science Foundation.    The University of Iowa will use the money to help pay for a research project...

Grassley asks for review of Treasury Department involvement in AIG bonus decision   WASHINGTON --- Senator Chuck Grassley has asked the watchdog for the Treasury Department to investigate the role that Treasury Department officials played in the decision by American International Group, AIG, to spend $160 million on bonuses to AIG employees after...

Grassley, Baucus Seek Details of AIG Bonuses, Any Claw-back Policies   WASHINGTON – Sen. Chuck Grassley, ranking member of the Committee on Finance, and Sen. Max Baucus, chairman, today asked the head of the American International Group, Inc. (AIG) for details of how it decided to allocate $160 million in bonuses after taking $170 billion in rescue...

Grassley: Democrats Added Language to Protect Bailout Company Bonuses; Grassley, Along With All Other Republican Conferees, Did Not Sign Conference Report    M E M O R A N D U M   To:      Reporters and Editors Re:      Bailout company bonuses   U.S. Senator Chuck Grassley of Iowa today...

Grassley urges Veterans Affairs Secretary to quickly implement new G.I. bill                WASHINGTON --- Senator Chuck Grassley said that veterans and those in the service need overdue guidance from the U.S. Department of Veterans Affairs to take advantage of the education benefits...

GRASSLEY AND OTHER SENATORS SAY NASA IG SHOULD BE REMOVED FROM POST    WASHINGTON, D.C. – Today a bipartisan group of senators sent a letter to President Barack Obama calling for the removal of National Aeronautics and Space Administration (NASA) Inspector General Robert Cobb from his post, following years of complaints and investigations into...

Transcription of Senator Grassley's Conference Call with Iowa Reporters         GRASSLEY:  Last night, Senator Baucus and I announced that we will sponsor legislation discouraging excessive compensation by companies that take taxpayer's funds as well as recoup payments made to executives at AIG last weekend and to other...

Transcription of Senator Grassley's Agriculture News Conference Call         GRASSLEY:  We're celebrating National Agriculture Week.  As we celebrate agriculture this week, we're going to continue to see people take America's agricultural abundance for granted.  Many don't understand the sophisticated system that...

HARKIN, GRASSLEY, LOEBSACK URGE FEMA TO OVERTURN CEDAR RAPIDS LIBRARY DECISION    Washington, D.C. – Iowa Senators Tom Harkin and Chuck Grassley and Representative Dave Loebsack (IA-2), today expressed their disagreement with a recent FEMA decision that denies the City of Cedar Rapids’ request for temporary relocation assistance for its main...

Grassley: President’s Tax Increases Would Hurt Small Businesses, Household Energy Expenses    Floor Statement of Senator Chuck Grassley: President's FY 2010 Budget Tax Increases Tuesday, March 17, 2009   Today is St. Patrick's Day.  St. Patrick, the patron saint of Ireland, is revered by Irish and non-Irish alike, for the many...

Grassley: Charities' role in oversight to prevent Madoff-type losses    Opening Statement of Senator Grassley Hearing, Tax Issues Related to Ponzi Schemes   It has been the tradition of this Committee for some years now to hold an annual hearing on issues that IRS faces during its tax return filing season.  It’s called filing season...