Charles Grassley

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Dems on Collision Course on How to Pay for Heath Care

(Newser) - Democrats in Congress are heading for an intra-party showdown over how to fund health care reform, reports the New York Times. The powerful House Ways and Means Committee is reportedly near agreement on an income tax surcharge of 2% or more on Americans earning above $250,000, which moderate Democrats...

Biden: 'Real Doubts' About Iran Poll Results


 Biden: 'Real 
 Doubts' About 
 Iran Poll Results 

TALK SHOW ROUNDUP

Biden: 'Real Doubts' About Iran Poll Results

Elsewhere, officials spar over pending health care proposals

(Newser) - Vice President Joe Biden this morning expressed “some real doubt” that Mahmoud Ahmadinejad legitimately won re-election in Iran, Politico reports. “There’s an awful lot of questions about how this election was run,” he told Meet the Press. On health care, Biden reiterated President Obama’s reluctance...

GOP Senator Blasts Obama on Twitter

Grassley angered by health care comment

(Newser) - Sen. Chuck Grassley slammed the president in angry Twitter messages yesterday, saying Barack Obama has "nerve" for declaring "it's time to deliver" on health care while vacationing in Paris. Grassley is a crucial Republican ally on health care reform, which Obama has said needs bipartisan support. But Obama's...

Sotomayor Vote Carries Risks for These Senators
Sotomayor Vote Carries Risks for These Senators
Analysis

Sotomayor Vote Carries Risks for These Senators

Judiciary committee members share spotlight with nominee

(Newser) - Sonia Sotomayor's confirmation looks likely, but that doesn’t mean there won’t be some drama between here and there. Politico runs down which senators have the most to win—and the most to lose:  
  • Patrick Leahy: Facing his first nominee as judiciary chairman, Leahy’s eager to
...

Liberals to Obama: Don't Sell Us Out on Health Care

President considering compromise on key public insurance measure

(Newser) - Progressive groups are worried that President Obama is going to go wobbly on them on health care. The Washington Post reports that the president has signaled he's open to compromise on the inclusion of a public insurance plan. Key conservatives like Sen. Charles Grassley hate the idea of a public...

Senate Panel's Tax Scrutiny Hampers Confirmations

(Newser) - The sheer number of tax-related problems that have slowed confirmation of Obama nominees has some insisting the process has become tougher, Time reports. Not so, says Sen. Charles Grassley. “We are vetting nominees for the current administration the same way we vetted nominees for the previous administration,” said...

Fannie, Freddie to Pay $210M in Bonuses

(Newser) - Fannie Mae and Freddie Mac expect to pay roughly $210 million in retention bonuses over the next 18 months, reports the Wall Street Journal. Some 7,600 employees are slated to get bonuses, in some cases totaling as much as $1.5 million, in a program that has drawn sharp...

Grassley Opens Mouth, Inserts Foot
Grassley Opens Mouth, Inserts Foot

Grassley Opens Mouth, Inserts Foot

Alternate headline for long image right layout: Gaffe Machine Grassley Isn't Sorry / Dek: That's just how we talk in Iowa, he insists

(Newser) - Chuck Grassley has been on a roll. First, he told AIG execs to commit seppuku, then he accused the company of "sucking the t— of the taxpayer." Then, in a back-and-forth with Kent Conrad, he had his YouTube moment: "Oh, you’re good," the Senate budget...

Push to Boost Diversity Backfires on FBI

Whoops—bureau's website features fired whistleblower agent

(Newser) - Luckily for the FBI, photos can't talk. The bureau's website promotes its American Indian/Alaskan Native diversity program with a picture of an agent who says she was fired in retaliation for blowing the whistle about racial insensitivity, "In the Loop" columnist Al Kamen reports for the Washington Post....

Health Care Debate Turns Nastier
 Health Care 
 Debate Turns 
 Nastier 
ANALYSIS

Health Care Debate Turns Nastier

(Newser) - The claws have come out in the Capitol Hill debate on whether the government should create a public insurance plan to compete with private insurers, Politico reports. One of the first tangible signs begins today with an advocacy group's TV ad campaign against Sen. Charles Grassley in his home state...

Budget Deficit Soars Past $1.8T
 Budget Deficit Soars Past $1.8T 

Budget Deficit Soars Past $1.8T

(Newser) - The federal budget deficit will surpass $1.8 trillion during the current fiscal year, the Congressional Budget Office said today. The figure far outstrips the previous estimate of $1.2 trillion and spells trouble for President Obama's proposed budget, the Wall Street Journal reports, but the White House budget director...

It's Now or Never for Health Care Reform: Grassley

Election politics will only make reform more difficult, Grassley says

(Newser) - Barack Obama’s promised health care reform must happen this year—or it won't happen at all in the next four years, says a key GOP senator. Charles Grassley—he'll play a major role in any new legislation as the ranking Republican on the finance panel—warns that election politics...

Anger? Now That Would Be a Bonus
Anger? Now That Would
Be a Bonus
OPINION

Anger? Now That Would Be a Bonus

'Baby' Geithner, Obama should be more worked up over AIG: Collins

(Newser) - Thank meek Tim Geithner for the wrath coming from the New York Times today. “We need a Treasury secretary so terrifying that if you were stuck in an elevator alone with him, you would just hand over your wallet,” Gail Collins writes. “And I’m totally angry...

AIG Execs Should Quit or Commit Suicide: GOP Senator

Grassley urges bosses to follow 'Japanese model' and fall on their swords

(Newser) - AIG's bigwigs should follow the "Japanese example" for shamed executives and fall on their swords, Iowa Sen. Charles Grassley believes. The Republican lawmaker told a local radio program that  the bosses responsible for running the business into the ground should bow before the American people and apologize, reports ABC....

Nine Senators Hold Key to Health Reform

Baucus leads 'Board of Directors' in tough bipartisan negotiations

(Newser) - If Barack Obama succeeds in overhauling America's health care system by the end of 2009, he'll have to thank a bipartisan group of nine senators charged with developing a bill that can muster 60 votes. The "Board of Directors"—named by Max Baucus, Obama's go-to figure for health...

GOP Still on Board With Geithner Despite Tax Errors

Treasury nominee 'going to be just fine' with bigger problems he'll be facing

(Newser) - Timothy Geithner’s tax mistakes are minor compared with how much he could contribute as Treasury secretary, Republican leaders say. “I don’t think we can get a better person for this position,” Senate Finance Committee No. 2 Orrin Hatch told the Washington Post. Geithner’s errors include...

Senate Delays Hearing on Geithner
Senate Delays Hearing on Geithner

Senate Delays Hearing on Geithner

Troubled Treasury bid must wait until after Inauguration

(Newser) - The incoming administration's attempt to fast-track Tim Geithner's confirmation hearing has failed in the wake of trouble with his personal finances, and the session will now take place on Jan. 21, the New York Times reports. The delay of the Senate hearing until after the Inauguration, motivated by Republican lawmakers'...

Illegal Hire, Tax Issues May Trouble Geithner

GOP's Grassley on Treasury nominee's case ahead of hearings

(Newser) - Timothy Geithner’s Treasury secretary nomination could be threatened by allegations he hired illegal help and didn’t pay Social Security and Medicare taxes while self-employed, the Wall Street Journal reports today. Senate Finance Committee members are meeting privately to discuss the issues, raised by GOP Sen. Charles Grassley. Aides...

Bailout Exec Pay Limits Have No Bite

Critics say White House added language to bailout bill that blunted super-pay language

(Newser) - Thanks to a last-minute change pushed by the Bush administration, the $700 billion bailout has a giant loophole Wall Street executives will be able to float golden parachutes through. Congress put unprecedented restrictions on lofty pay into the final bill, but the only enforceable one became inapplicable after a one-sentence...

Companies Desperate to Roll Back Pension Support

A 2006 law requiring firms to replenish pension loses may be latest victim of meltdown

(Newser) - Wall Street’s meltdown has diminished the value of US pension funds by $250 billion and cash-strapped companies are asking lawmakers to give them relief from rules that require them to make up the losses, reports the New York Times. The rules, designed to strengthen the pension system in the...

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