Private Equity in Health Care Shown to Harm Patients, Degrade Care and Drive Hospital Closures
WASHINGTON – Today, Senators Chuck Grassley (R-Iowa) and Sheldon Whitehouse (D-R.I.), in their respective capacities as Ranking Member and Chairman of the Senate Budget Committee during the 118th Congress, released a bipartisan staff report on the findings of their investigation into the ways in which private equity investment in health care has negative consequences for […]
Senate Budget Committee Investigation into Nazi-Linked Credit Suisse Accounts Yields Extensive New Findings, Reveals Bank’s Historic Pattern of Obstruction
WASHINGTON – Tens of thousands of documents uncovered as a result of a Senate Budget Committee investigation into Credit Suisse’s World War II-era accounts indicate extensive new evidence of previously unknown or only partially known Nazi-linked account holders. The bank failed to disclose these accounts during prior investigations. Sens. Chuck Grassley (R-Iowa) and Sheldon Whitehouse (D-R.I.) […]
Grassley: I Remain Convinced the Budget Committee Should Focus on Immediate Fiscal Problems Facing Our Country
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Next to Fall: The Climate-Driven Insurance Crisis is Here – And Getting Worse” Wednesday, December 18, 2024 VIDEO Our time at the helm of the Budget Committee is coming to an end. Disappointingly, it’s ending the same way it […]
CBO Estimate: 2024 Deficit Reaches $1.8 Trillion under Biden-Harris Spending
WASHINGTON – The nonpartisan Congressional Budget Office (CBO) today estimated the Fiscal Year (FY) 2024 deficit was $1.8 trillion, double what the agency projected when the Biden-Harris administration took office. Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) issued the following statement on the need to reverse course. “President Biden and Vice President Harris have […]
Grassley: Biden-Harris Stonewalling Prevents CBO from Conducting Complete Analysis of President’s 2025 Budget
WASHINGTON – Ranking Member Chuck Grassley (R-Iowa) today issued the following statement on the Congressional Budget Office (CBO)’s report, “An Analysis of the President’s 2025 Budget.” “Biden-Harris pie-in-the-sky policy proposals are so unrealistic CBO can’t even calculate their budget impact. This administration’s unprecedented lack of transparency and fiscal discipline is insulting to Congress and the […]
CBO Confirms: Biden-Harris Medicare Cost-Shifting Policy Will Cost Taxpayers Billions
WASHINGTON – The nonpartisan Congressional Budget Office (CBO) issued its fiscal analysis of the Biden-Harris administration’s Medicare Part D Premium Stabilization Demonstration Program. Among other findings, CBO estimates the program – which the Centers for Medicare & Medicaid Services (CMS) launched to artificially lower seniors’ premiums that have surged due to Democrat policymaking – could […]
Grassley Calls for Continued Oversight to Address Housing Affordability
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “The Costs of Inaction: Economic Risks from Housing Affordability” Wednesday, September 25, 2024 VIDEO Mr. Chairman, [Housing affordability] is an issue central for Iowans and all Americans, something they care about deeply. It’s very central to what both Republicans […]
Grassley Calls for Bipartisan Approach to Social Security
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Social Security Forever: Delivering Benefits and Protecting Retirement Security” Wednesday, September 11, 2024 VIDEO Before I continue my opening statement, I want to acknowledge today being the 23rd anniversary of the 9/11 attacks. Time can’t erase the horrors of that […]
Grassley, Arrington Request CBO Analyze Fiscal Impacts of New Biden-Harris Medicare Cost-Shifting Policy
WASHINGTON – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) and House Budget Committee Chairman Jodey Arrington (R-Texas) are calling for a Congressional Budget Office (CBO) analysis of a demonstration program the Biden-Harris administration launched to artificially lower Medicare Part D premium payments using taxpayer dollars. This Premium Stabilization Demonstration Program is a reaction to […]
Grassley: ‘There are Many Holes in the Rapid EV Transition Fantasy’
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “‘Charging Ahead’ The Future of Electric Vehicles” Wednesday, July 31, 2024 VIDEO Thank you, Mr. Chairman. Welcome to our expert witnesses. Our last hearing was with Congressional Budget Office (CBO) Director Swagel. The hearing was a very welcome event at […]