Word: grassley
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Senators Max S. Baucus and Charles E. Grassley, the chairman and ranking member of the Senate Finance Committee, sent letters to the 136 wealthiest colleges in the nation last week asking for detailed information about their finances and operations...
...response to the ballooning size of university coffers, some legislators have sought to require that educational institutions spend at least 5 percent of their endowment annually. “The donations to those endowments and the endowments themselves are all tax-exempt,” said Sen. Charles E. Grassley (R-Iowa), who has championed the 5 percent mandate, in a statement Monday. “American taxpayers are subsidizing that tax-exemption, and they deserve public benefit in return.” Yale previously targeted an endowment payout rate of 5.25 percent and Harvard currently aims for 5 percent...
...that criticized former President Bill Clinton. Another mailing warns church leaders against "campaigning" for a candidate, before announcing in capital letters: "IT WILL LAND YOU IN THE SLAMMER!" The letter, which is signed by "Concerned Christian," then suggests that churches should avoid even more anodyne political involvement. "With Sen. Grassley holding hearings on exactly this issue in Washington DC, we can't be to careful!!!!" it states, with a notable misspelling. Hollinger said the letters were addressed to him, with no return address and a Des Moines postmark...
Senator Chick Grassley's investigation of multimillion-dollar ministries does raise First Amendment issues, but they're easy to deal with [Nov. 26]. While the government can't investigate whether Prosperity gospel is good theology, it must act upon probable cause if it believes that commercial activity is being conducted under the guise of religion. Otherwise, Ford Motor Co. could simply rename itself the Church of Our Ford and decline to pay taxes and comply with the Fair Labor Standards...
That sentiment will find resonance among those Evangelical Christians who worry that Grassley's pursuit of the six preachers, who all belong to a faction of Charismatic Christianity known loosely as "prosperity gospel," amounts to what one observer called a "saint hunt." It will not play as well with others who have grown increasingly frustrated at the opulent lifestyles of the televangelists. In any case, maintaining a friend's innocence allows Huckabee to continue to access a part of the media important to Republican hopefuls. Charisma's editor, J. Lee Grady, was slightly amused that anyone would think Copeland would...