IRS Failed to Collect $47+ Billion in Taxes from High-Income Individuals during Obama Admin
Washington – The Treasury Inspector General for Tax Administration (TIGTA) recently found that almost 900,000 high-income taxpayers failed to file tax returns from 2014 to 2016 resulting in billions of dollars in unpaid taxes, and the IRS did not attempt to collect in several hundred thousand of these cases of noncompliance during the Obama administration. […]
Grassley Joins Bipartisan House and Senate Committee Leaders in Urging HHS to Disperse COVID-19 Relief Funds to Medicaid Providers
WASHINGTON – The Chairmen and Ranking Members of the Committees of jurisdiction over the Medicaid program sent a letter to U.S. Department of Health and Human Services (HHS) Secretary Alex Azar today expressing concern over prolonged delays in disbursing funds from the Public Health and Social Services Emergency Fund (PHSSEF) for Medicaid-dependent providers. The […]
Grassley at Hearing on Foreign Drug Manufacturing Inspection Oversight
Prepared Opening Statement by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee Hearing on COVID-19 and Beyond: Oversight of the FDA’s Foreign Drug Manufacturing Inspection Process Tuesday, June 2, 2020 VIDEO Good afternoon, I’d like to welcome everyone to the Finance Committee’s oversight hearing on the Food and Drug Administration’s (FDA) […]
Grassley, Wyden Statement on USTR Investigation of Digital Services Taxes
Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.) today released the following joint statement regarding the United States Trade Representative’s (USTR) announcement that it has initiated investigations into digital services taxes (DST) that have been adopted or are being considered by a number of U.S. trading partners. According […]
ICYMI: Long-Delayed Drug-Price Bill Not Dead Yet, Grassley Says
Bloomberg By Riley Griffin and Emma Court Published June 1, 2020 Senate Finance Committee Chairman Chuck Grassley said that he intends to push for a vote this year on a bill that would limit drug-price increases, even as pharmaceutical companies race to find treatments and vaccines for Covid-19. … “There’s no better time to […]
Grassley: The Prescription Drug Pricing Reduction Act is Needed Now More than Ever
Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee Tuesday, June 2, 2020 VIDEO The coronavirus pandemic is disrupting our daily lives in unimaginable ways. The National Institutes of Health is working with a private sector biotech company and have already began early stage human trials for a […]
CARES Act Pre-Paid Debit Cards FAQ
CARES Act Pre-Paid Debit Cards FAQ Why am I receiving my Economic Impact Payment on a pre-paid debit card? On May 18, 2020, Treasury announced it would begin sending nearly 4 million Economic Impact Payments (EIPs) by prepaid debit card. The pre-paid debit cards are being sent to certain individuals who have no direct […]
Grassley Praises Trump Announcement of Medicare Out of Pocket Insulin Costs Initiative
Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) commended President Trump’s announcement of a new Medicare Part D initiative to lower out of pocket insulin expenses for seniors. Grassley issued the following statement today. “Today’s announcement of a voluntary model is an encouraging step to lower costs for seniors. The president and CMS […]
Senators Introduce Bill to Prevent Garnishment of Relief Payments
Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa), Senate Banking Committee Ranking Member Sherrod Brown (D-Ohio), Finance Committee Ranking Member Ron Wyden (D-Ore.) and Sen. Tim Scott (R-S.C.) introduced a bill to protect recovery payments provided in the recent CARES Act pandemic response legislation from garnishment by private debt collectors. “We established these […]
ICYMI: Grassley says Trump pushing for drug pricing action after Senate lunch
The Hill Peter Sullivan Published on May 20, 2020 President Trump told Republican senators during a meeting on Tuesday that he still wants congressional action to lower drug prices, even though the coronavirus pandemic has sucked up oxygen, according to Sen. Chuck Grassley (R-Iowa). … “I said the virus comes along and takes all your attention, […]