ICYMI: Policymakers Must Work to Reduce Drug Prices

Committee for a Responsible Federal Budget Wednesday, July 8, 2020   … The Prescription Drug Pricing Reduction Act would reform and rationalize the Medicare Part D payment formula, reduce overall drug costs, save the federal government roughly $100 billion over a decade, and reduce out of pocket costs for seniors by almost as much. Lawmakers should be […]

Grassley Introduces the Updated Prescription Drug Pricing Reduction Act of 2020

Statement for the Record by U.S. Senator Chuck Grassley of IowaThursday, July 2, 2020 Legislative Text | Section-by-Section Summary  I rise today to introduce the Prescription Drug Pricing Reduction Act of 2020. This is a bill that I have been working on for the past 18 months. I made lowering prescription drug costs one of my […]

Grassley, Colleagues Introduce Updated Bipartisan Prescription Drug Pricing Bill

Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) today reintroduced bipartisan legislation co-authored by Ranking Member Ron Wyden (D-Ore.), the Prescription Drug Pricing Reduction Act of 2020, which originally passed out of the committee on a bipartisan 19-9 vote, including all committee Democrats. All provisions of this updated legislation have bipartisan support and were […]

Grassley Discusses USMCA on Fox Business Network

WASHINGTON – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) today joined Neil Cavuto on Fox Business Network to discuss the United States-Canada-Mexico Agreement going into effect and the economy. He also highlighted President Trump’s commitment to following through on his promises.   Watch | Download   Grassley’s tweet on USMCA can be found here and […]

Grassley Celebrates USMCA Inaugural Day

Prepared Floor Remarks by U.S. Senator Chuck Grassley of IowaChairman, Senate Finance CommitteeWednesday, July 1, 2020VIDEO Today the United States, Mexico and Canada launch a new chapter in our historic partnership with entry into force of the U.S.-Mexico-Canada Agreement, or USMCA. Thanks to the decisive leadership of President Trump, the USMCA will open the door for […]

Grassley on Multiemployer Pension Reform

Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee Tuesday, June 30, 2020 VIDEO  Since I reclaimed the gavel of the Finance Committee at the start of this Congress, one of my top priorities has been to fix the failing multiemployer pension system and help secure retirement benefits of more […]

Grassley at Hearing on the 2020 Filing Season and IRS COVID-19 Recovery

Prepared Opening Remarks by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee Tuesday, June 30, 2020 VIDEO   Commissioner Rettig, thank you for agreeing to testify on the 2020 tax filing season and the IRS’ handling of the challenges posed by ongoing pandemic.   The 2020 filing season got off to its typical […]

Senate Unanimously Passes Grassley-Wyden Bill to Keep HHS Repatriation Program Afloat During COVID-19 Crisis

WASHINGTON – The Senate by unanimous consent today passed the Emergency Aid for Returning Americans Affected by Coronavirus Act authored by Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.)   The legislation temporarily raises the cap for the U.S. Department of Health and Human Services (HHS) repatriation program from $1 million to $10 million to ensure adequate funding […]