News Releases

Grassley Introduces AMT Penalty Relief Bill WASHINGTON – Sen. Chuck Grassley, ranking member of the Committee on Finance, has introduced the AMT Penalty Reduction Actof 2007, as announced at a recent hearing. His statement of introduction follows.   Statement of Introduction on the AMT Penalty Reduction Act of 2007, S. 1855 Monday, July 23, 2007 Mr....

Hearing on Oversight of Government Tax Policy in Farm Country Closing Statement of U.S. Senator Chuck Grassley of Iowa Ranking Member of the Committee on Finance            Thank you, Chairman Baucus, for holding this hearing.  When we debated the budget earlier this year, I raised the scarcity of...

Charitable sector abuse outlined by IRS             Sen. Max Baucus, chairman of the Committee on Finance, and Sen. Chuck Grassley, ranking member, have a long history of promoting the integrity of the charitable sector with careful oversight of tax laws favoring charities.  The senators continue...

Grassley: IRS Report Shows Non-profit Hospitals Often Provide Little Charity Care Today, the Internal Revenue Service (IRS) released an interim report summarizing responses from almost 500 tax-exempt hospitals to a May 2006 questionnaire about how they provide and report benefits to the community. Providing community benefit is required for hospitals...

Grassley: Iowa Agriculture Funded in Appropriations Subcommittee            WASHINGTON – Senator Chuck Grassley today said that funding has been secured for several Iowa projects in the Agriculture Appropriations bill.             "Agriculture...

Grassley comments on troop withdrawal amendment Senator Chuck Grassley today made the following comment after an amendment to the Defense Authorization bill that would mandate a withdrawal of troops in Iraq failed. "The withdrawal deadline in the amendment failed to recognize the consequences of a precipitous withdrawal, including a likely failed...

  Grassley Q&A: Norman Borlaug        Q:        What is the Congressional Gold Medal? A:         The U.S. Congress bestows this distinguished award as its highest expression of national appreciation. At least two-thirds of federal lawmakers must sign on...

Grassley Releases Staff Discussion Draft of Potential Non-profit Hospital Reforms, Solicits Public Comment Last September, Sen. Chuck Grassley, as chairman of the Committee on Finance, directed his staff to create a discussion draft of potential reforms to ensure an adequate level of charitable care from the nation’s non-profit hospitals. Grassley’s...

Grassley Releases Staff Discussion Draft of Potential Non-profit Hospital Reforms, Solicits Public Comment Last September, Sen. Chuck Grassley, as chairman of the Committee on Finance, directed his staff to create a discussion draft of potential reforms to ensure an adequate level of charitable care from the nation’s non-profit hospitals. Grassley’s...

Senators Inform Pelosi of Senate Legislation to Limit Farm Payments            WASHINGTON – Senator Chuck Grassley, along with Senator Byron Dorgan, today sent a letter to Speaker of the House Nancy Pelosi asking her to consider legislation they have authored in the Senate that would place a hard cap on the...

Grassley Presses for All Federal Government Agencies and Defense Department Contractors to use Employer Verification System            WASHINGTON – Senator Chuck Grassley today reiterated the need to ensure that the federal government hires only legal immigrants.  Grassley introduced an amendment to the...

Sen. Grassley comments on the FDA posting information about conflicts of interest on Avandia advisory committee Sen. Chuck Grassley issued the comment below about the Food and Drug Administration posting information on its website today regarding conflicts of interest among FDA panel members who will be serving on the Avandia advisory committee of the...

Grassley to Welcome Foreign Diplomats to Iowa            WASHINGTON – Senator Chuck Grassley today announced that he is once again bringing foreign diplomats to Iowa for his biennial “Ambassadors Tour” from August 13 – 17.  It’s expected that more than 60 countries will be represented on the tour this...

GRASSLEY, BAUCUS ASK IRS TO BETTER PUBLICIZE SAVER’S CREDIT Finance leaders call on IRS to improve advertising, use consistent references Washington, DC–Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Republican Member Chuck Grassley (R-Iowa) today called on the Internal Revenue Service (IRS) to better publicize the Saver’s Credit, a...

Grassley works to protect federal whistleblowers            WASHINGTON — Sen. Chuck Grassley is working to protect federal employees who speak out about wrongdoing by highlighting the legal protections given to whistleblowers in a letter sent today to the Director of the National Institutes of...

SCHIP veto threat is disappointing, premature, Grassley, Hatch say Sens. Chuck Grassley and Orrin Hatch issued the joint statement below regarding reports of the Bush Administration’s plans to recommend a veto of SCHIP reauthorization legislation that may be considered by the Senate Committee on Finance.  Sen. Grassley is Ranking Member of the...

Carried Interest, Part 1 Grassley statement for Senate Finance Committee Hearing Statement of Sen. Chuck Grassley Hearing, "Carried Interest, Part 1" Wednesday, July 11, 2007 Thank you, Chairman Baucus, for calling this hearing. I’d like to address this hearing in two parts. The first part is what this hearing and the committee inquiry is...

Grassley Welcomes Lower Budget Deficit Estimate, Says Tax Relief Helps Fuel Revenue Growth Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on the Office of Management and Budget estimate of a lower federal budget deficit than last year’s deficit. "Good tax collections, bigger paychecks for...

Grassley, Kohl, Thune Work to Keep Competition in Agriculture WASHINGTON – Senators Chuck Grassley, Herb Kohl and John Thune today introduced legislation to ensure a level playing field for all market participants in the agriculture industry, including the independent producer and family...

SCHIP waiver mess concerns Grassley, Hatch, Roberts WASHINGTON — Leading Republican members of the Senate Finance Committee today called on the President to stop the Department of Health and Human Services from granting and extending waivers for adult coverage under the State Children’s Health Insurance...