Oversight
Grassley: To Improve Tax Compliance, Focus On IRS Customer Service Over Enforcement
Prepared Opening Statement by Senator Chuck Grassley of IowaRanking Member, Senate Budget CommitteeHearing on “Fairness and Fiscal Responsibility: Cracking Down on Wealthy Tax Cheats”Wednesday, November 8, 2023VIDEO If someone were to base everything they know about IRS reform from what they hear today, they’d probably get the impression it’s a divisive and politically charged topic. A few years ago, however, IRS reform had strong bipartisan support. In June of 2019, the Taxpayer First Act pa… Continue Reading
11.02.23
Grassley Cosponsors Bipartisan Push to Reform the Broken Budget Process
WASHINGTON - Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) joined Sens. Jeanne Shaheen (D-N.H.), Mike Braun (R-Ind.) and colleagues to reintroduce bipartisan budget reform legislation. The Biennial Budgeting and Appropriations Act would overhaul the way Congress allocates federal dollars and strengthen oversight of government spending, paving the way to tackling the nation’s debt. The bill would convert the annual appropriations process for federal tax dollars to a two-year budg… Continue Reading
10.26.23
Grassley Recalls President Reagan: ‘America is Once Again at a Time for Choosing’
Floor Remarks by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee “A Time for Choosing” Thursday, October 26, 2023 VIDEO Fifty-nine years ago tomorrow - in other words, Friday - Ronald Reagan delivered his iconic 'A Time for Choosing' speech. In this speech, the future president laid out in stark terms the challenges the Americans faced as a nation, all due to a bloated federal government that threatened Americans’ prosperity and individual freedoms. America i… Continue Reading
10.25.23
Grassley Backs ‘Practical Solutions’ for Adapting to Climate Change, Welcomes Iowa Witness
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Committee on the Budget Hearing on “Bottlenecks and Backlogs: How Climate Change Threatens Supply Chains” Wednesday, October 25, 2023 VIDEO This morning the Budget Committee holds its 12th hearing in 10 months on climate change. Over the course of these hearings, we’ve heard sensationalist and the alarmist rhetoric used to mislead the public on climate change and draw support for top-down policies. We’v… Continue Reading
10.18.23
Grassley Spotlights Ways to Cut Drug Costs and Enhance Health Care System Innovation, Efficiency
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing on "Improving Care, Lowering Costs: Achieving Health Care Efficiency" Wednesday, October 18, 2023 Watch Grassley’s remarks HERE. Learn about his work to hold the pharmaceutical industry accountable and reduce consumer prices HERE. [It’s a] very important subject...improving health care and lowering costs. And thanks to all our witnesses for the extra time you’ve put in to educating… Continue Reading
10.10.23
Grassley Doubles Down on Calls for Fiscal Sanity as U.S. Deficit Balloons under Biden
BUTLER COUNTY, IOWA - The non-partisan Congressional Budget Office (CBO) today published a report showing the U.S. deficit for Fiscal Year 2023 is $1.7 trillion, prompting Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) to amplify his calls for fiscal sanity. “At the rate this administration is burning through taxpayer cash and borrowing money, Americans will be paying off Biden-era economic decisions for generations. The president must shift gears and start cutting costs,” Grass… Continue Reading
09.27.23
Grassley Discusses Strategies to Preserve and Strengthen Medicare for Future Generations
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing on Medicare Solvency Wednesday, September 27, 2023 VIDEO Thank you, Mr. Chairman, for holding this very important hearing, because we can all recognize Medicare and Social Security are very much a part of the social fabric. They may be government programs, but they also interact with the private sector, retirement and health benefits as well. It’s not something that just government doe… Continue Reading
09.21.23
Grassley: Credit Suisse Must Embrace Sunlight In Review Of Nazi-Linked Accounts
Floor Remarks by Senator Chuck Grassley of IowaRanking Member, Senate Budget Committee"Credit Suisse Must Fully Investigate Historic Servicing of Nazi Clients"Thursday, September 21, 2023 VIDEO Earlier this year, Chairman Whitehouse and I began bipartisan work to investigate Credit Suisse’s historical servicing of Nazi-linked accounts. Today, I’d like to discuss this important bipartisan work and thank him and his staff for their assistance on this topic. In March of 2020, the Simon Wiesent… Continue Reading
09.20.23
Grassley: Biden Policies Don't Bring Prosperity for All
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing on “Reducing Inequality, Fueling Growth: How Public Investment Promotes Prosperity for All” Wednesday, September 20, 2023 VIDEO Thank you, Mr. Chairman. I appreciate the subject of today’s hearing because I’ve spent my entire Senate career advancing policies that improve the livelihoods of ordinary Americans. As a former chairman of the Finance Committee, I’ve personally sheph… Continue Reading
09.13.23
Grassley Challenges Congress To Exercise Fiscal Responsibility And Good Governance
Floor Remarks by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee “On Fiscal Responsibility and Good Government” Wednesday, September 13, 2023 VIDEO In June, Congress passed a bipartisan bill to increase the debt limit and impose meaningful fiscal controls. That law was appropriately titled the Fiscal Responsibility Act. Its passage marked a long-overdue step towards fiscal sanity. I assume you’ve got to go back about a dozen years until Congress has taken such a … Continue Reading
09.13.23
Grassley Discusses Immigration Concerns Raised at County Meetings and Welcomes Iowa Witness to the Budget Committee
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing on “Unlocking America’s Potential: How Immigration Fuels Economic Growth and Our Competitive Advantage” Wednesday, September 13, 2023 VIDEO Over the August break, I completed my annual tour of Iowa. For the 43rd straight year, I held at least onetown hall style meeting in each of Iowa’s 99 counties. These meetings allow me to hear directly from my fellow Iowans about what’s on their minds.… Continue Reading
09.11.23
Grassley Urges Biden Admin to Change Course on Spending Policies Following CBO’s Latest Budget Report
WASHINGTON - Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today issued a statement on the non-partisan Congressional Budget Office’s (CBO) August review. As the end of the fiscal year (FY) approaches, this report paints a more holistic picture of how federal laws have contributed to the dismal economic conditions Americans are experiencing under the Biden administration. “At this rate, the Biden administration might as well be taking money straight from people’s pockets,” Gra… Continue Reading
08.17.23
Credit Suisse Failed to Fully Investigate Nazi-Linked Accounts, Full Report Confirms
WASHINGTON– Persistent and bipartisan oversight by the Senate Budget Committee has exposed new details that show Credit Suisse’sinternal investigation into its servicing of Nazi clients and their enablers was insufficient, allowing the bank to continue to obscure details of its historic servicing of Nazi clients and their enablers. Pursuant to subpoena, the Budget Committee obtained records, which it released in April 2023, that brought to light new evidence that Credit Suisse… Continue Reading
08.16.23
Grassley: Iowans Are Paying More Thanks to Democrats’ Inflation ‘Enhancement’ Act
BUTLER COUNTY, IOWA – One year after President Biden signed into law Democrats' Inflation Reduction Act (IRA), U.S. Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today issued the following statement: “The most effective policymaking happens when legislators of different political ideologies work together on behalf of the American people. When congressional Democrats unilaterally moved a historically massive spending package through the legislative process las… Continue Reading
07.26.23
Grassley Speaks on Need to Improve Infrastructure while Driving Down Debt at Senate Budget Hearing
Prepared Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing on “Beyond the Breaking Point: The Fiscal Consequences of Climate Change on Infrastructure” Wednesday, July 26, 2023 VIDEO Before I begin my opening statement, I want to go back to a discussion that we had in this committee at the last hearing; it was a climate hearing. Democrats on this committee touted a September 2021 IMF Working Paper on fossil fuel subsidies. Th… Continue Reading
07.12.23
Grassley on Senate Floor: Americans Aren't Buying "Bidenomics"
Floor Remarks by Senator Chuck Grassley (R-Iowa) Ranking Member, Senate Committee on the Budget Americans Aren’t Buying ‘Bidenomics’ July 12, 2013 VIDEO We just heard my friend from Nebraska say that Biden wants “Bidenomics” to be all about restoring the American Dream. Well, for most Americans, it’s turning out to be a nightmare. Inflation brought on by the Biden administration’s misguided policies has Americans trying to figure out how … Continue Reading
07.12.23
Grassley At Hearing On Social Security: ‘We’re Finally Talking About Money & Things The Budget Committee Ought To Be Working On’
Opening Remarks by Senator Chuck Grassley of Iowa Ranking Member, Senate Committee on the Budget Protecting Social Security for All: Making the Wealthy Pay Their Fair Share Wednesday, July 12, 2023 VIDEO Praise the Lord we’re finally talking about money and things the Budget Committee ought to be working on. Thank you, Mr. Chairman, for holding today’s hearing. Social Security solvency is exactly the kind of subject the Budget Committee ought to be reviewing. I hope we use to… Continue Reading
06.28.23
CBO: Projected Record Debt Per Capita Threatens Economic Growth
WASHINGTON -- The Congressional Budget Office (CBO) today released its 2023 Long-Term Budget Outlook. Sen. Chuck Grassley (R-Iowa), ranking member of the Senate Budget Committee, issued the following statement about the report. "This report paints a dire picture of the far-reaching implications of our fiscal status quo. If we don't get serious about reining in spending, reducing annual budget deficits and bringing down the debt, the country will end up spending more on interest payments than th… Continue Reading
06.22.23
Grassley, Whitehouse Recognized For Shining Light On Nazi-Linked Accounts At Credit Suisse
WASHINGTON – The Simon Wiesenthal Center, a global Jewish human rights organization dedicated to confronting anti-Semitism, hate and terrorism, recognized Budget Committee Ranking Member Chuck Grassley (R-Iowa) and Chairman Sheldon Whitehouse (D-R.I.) for their efforts to shine a light on previously-undisclosed Nazi-linked accounts held by Credit Suisse. DOWNLOAD PHOTOS | Members of the Simon Wiesenthal Center present shofars to Sens. Chuck Grassley and Sheldon White… Continue Reading
06.21.23
Grassley Urges Focus on Responsible Budget, Rather Than Partisan Discourse, at Budget Committee’s 10th Climate Change Hearing
Prepared Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing on “Dollars and Degrees: Investigating Fossil Fuel Dark Money’s Systemic Threats to Climate and the Federal Budget” VIDEO Today marks the 10th hearing on climate change at the Budget Committee and our 14th missed opportunity to work together on a responsible budget for the sake of the American people. We’re once again here to discuss an allege… Continue Reading
