Oversight
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
06.14.23
Grassley, Collins Op-Ed | A Modest Proposal To Avert Future Budget Crises: Regular Order
It's business as usual these days in Washington: months of procrastinating as a looming fiscal disaster roils the markets, followed by a last-minute deal that nobody really likes, only to set another deadline for the next fiscal crisis. It's the way we've operated for years. Congress consistently fails to adopt a budget or pass government funding bills, prompting a needless game of chicken with a government shutdown right around the holiday season. As a result, we end up passing mas… Continue Reading
06.07.23
Grassley Discusses Precision Ag, Biogas with Iowa Witnesses
WASHINGTON – During today’s Budget Committee hearing, Ranking Member Chuck Grassley (R-Iowa) discussed agricultural and energy innovation with two Iowa witnesses who testified at the senator’s invitation. Grassley first questioned Brent Johnson, president of the Iowa Farm Bureau, on the use of precision agriculture to increase crop yields and protect the environment. He then asked Bryan Sievers, chief operating officer of Sievers Family Farms and director of government r… Continue Reading
06.07.23
Grassley Welcomes Iowans To Budget Hearing On Agricultural Innovation, Environmental Stewardship
Prepared Statement by Senator Chuck Grassley (R-Iowa) Ranking Member, Senate Budget Committee Hearing titled “Cultivating Stewardship: Examining the Changing Agricultural Landscape” VIDEO Today, we’re holding our ninth hearing on climate change. In each of these hearings, I’ve taken an opportunity to remind everybody what the Budget Committee’s about. So, I urge the Committee to focus more on our country’s unsustainable debt and my remin… Continue Reading
06.07.23
Grassley Welcomes Iowans To Budget Hearing On Agricultural Innovation, Environmental Stewardship
Prepared Statement by Senator Chuck Grassley (R-Iowa) Ranking Member, Senate Budget Committee Hearing titled “Cultivating Stewardship: Examining the Changing Agricultural Landscape” VIDEO Today, we’re holding our ninth hearing on climate change. In each of these hearings, I’ve taken an opportunity to remind everybody what the Budget Committee’s about. So, I urge the Committee to focus more on our country’s unsustainable debt and my reminding eve… Continue Reading
05.17.23
Grassley Opening Remarks At Budget Hearing On Tax Cuts & The National Debt
Prepared Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Commitee Hearing on “The Rich Get Richer, Deficits Get Bigger: How Tax Cuts for the Wealthy and Corporations Drive the National Debt” Wednesday, May 17, 2023 VIDEO Mr. Chairman, thank you for holding today’s hearing. It’s a welcome break from the series of climate change hearings. However, today’s hearing title suggests we’re likely to h… Continue Reading
05.10.23
Grassley Welcomes Gov. Branstad At Budget Hearing On Climate Change
Prepared Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Committee on the Budget Hearing titled “Lessons Learned: Leadership Perspectives and Experience on the National Costs of Climate Change” May 10, 2023 VIDEO Today marks our eighth hearing on climate change. Today’s hearing is in a much bigger room, with a larger audience, more cameras, and an impressive panel of government leaders. If only we were using this platform to sh… Continue Reading
05.06.23
Grassley, Republican Colleagues Demand to See Spending and Budget Reform Before Raising the Debt Limit
WASHINGTON – Sen. Chuck Grassley (R-Iowa), Ranking Member of the Senate Budget Committee, joined Sen. Mike Lee (R-UT) and 42 Republican senators in committing to oppose increasing the debt ceiling without substantive spending and budget reforms. The notice came in a letter to Senate Majority Leader Chuck Schumer (D-N.Y.). The letter to Schumer is also signed by Sens. John Barrasso (R-Wyo.), Marsha Blackburn (R-Tenn.), John Boozman (R-Ark.), Mike Braun (R-Ind.), Ted Budd (R-N.C.), Sh… Continue Reading
