Grassley Demands Aggressive Oversight of Programs Doling out Trillions in Pandemic Aid
Butler County, Iowa – U.S. Senator Chuck Grassley, chairman of the Senate Finance Committee and President pro tempore, today called for stringent oversight of federal programs administering more than $2 trillion in coronavirus relief – the largest aid package in U.S. history. “All across our country, people are hurting. Congress acted boldly to deliver the […]
CARES Act: Employee Retention Credit FAQ
CARES Act: Employee Retention Credit FAQs Any employer, regardless of size, is eligible for the credit during calendar year 2020 if the business: (1) is fully or partially suspended due to a governmental order related to COVID-19, or (2) experiences a significant decline in gross receipts (i.e., a reduction of 50 percent of gross […]
Bipartisan Finance Committee Members Push for Delay in USMCA Entry Into Force
Washington – Members of the Senate Finance Committee, which has jurisdiction over trade, are pushing for a delay to the proposed June 1 entry into force of the U.S.-Mexico-Canada Agreement. In a letter to U.S. Trade Representative Robert Lighthizer led by Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.), the members raise […]
Rural Resources in the Coronavirus Aid, Relief, and Economic Security (CARES) Act
Increases Access to Capital for Rural Providers Establishes a $100 billion fund to ensure health care providers, including those in rural areas, continue to receive the support they need for COVID-19 related expenses and lost revenue; Allows rural providers to seek relief through Small Business Administration programs, including the Paycheck Protection Program loans that can […]
CARES Act: Recovery Checks FAQ
CARES Act: Recovery Check FAQ Who is eligible for a recovery rebate? All U.S. residents or citizens with adjusted gross income under $75,000 ($112,500 for head of household and $150,000 married), who are not the dependent of another taxpayer and have a work-eligible Social Security Number, are eligible for the full $1,200 ($2,400 married) rebate. […]
Finally, Senate Advances Needed Aid for Workers, Families, Businesses & Health Services
Washington – After days of Democratic obstruction, the U.S. Senate today unanimously cleared a bipartisan package to provide immediate and prolonged economic relief to American families, workers, employers and health care providers coping with the coronavirus pandemic. As Chairman of the Finance Committee, Sen. Chuck Grassley (R-Iowa) marshalled direct recovery payments, expanded unemployment insurance and […]
Grassley Releases Phase 3 Coronavirus Response Legislation
ü Recovery Checks to Most Americans ü Strengthened Unemployment Insurance ü Increased Funding for Public Health Programs Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) today released updated Phase 3 coronavirus legislation responding to the public health and economic crisis. Grassley led bipartisan negotiations and crafted the Senate’s tax policy and key health […]
Republican Senators Urge Trade Measures to Respond to Economic Impact of COVID-19
Washington – A group of Senate Finance Committee Republicans, led by Chairman Chuck Grassley (R-Iowa), are urging the Trump administration to consider utilizing trade policy measures to reduce the economic strain imposed on Americans by the COVID-19 public health crisis. “We believe you should continue to focus on creating new market access opportunities for […]
Grassley on Tax Provisions in the Phase 3 Coronavirus Economic Relief Package
Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee On Tax Provisions in the Phase 3 Coronavirus Economic Relief Package Wednesday, March 25, 2020 VIDEO As the chairman of the Finance Committee and head of the Tax Task Force, I want to highlight a few areas of the bipartisan […]
Grassley Urges More Information Sharing Between Health, Intelligence Agencies
Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) is urging the leader of the U.S. intelligence community to further incorporate and provide intelligence access to the Department of Health and Human Services Office of National Security (ONS) to strengthen the governmental response to the COVID-19 public health crisis and future health concerns. “The […]