Word: r-iowa
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...promised during his campaign. Independent voters have been running for the hills since health-care reform became his administration’s number-one domestic priority, encouraged by the irresponsible cries of “death panels” from once-respectable public servants like Senator Charles Grassley (R-Iowa) and the populist anti-rhetoric of Sarah Palin, which veers daily into demagoguery. The 24-hour misinformation spread by Fox News has also been responsible for stoking Americans’ latent anti-government tendencies...
...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, but both universities...
...Small additions from the endowment distribution could mitigate or eliminate tuition growth and substantially expand student aid,” Gravelle said in a report presented to the committee. She recommended tax penalties or a required annual payout to direct funds to tuition assistance. Sen. Chuck Grassley (R-Iowa), ranking member of the Finance Committee, called on the top universities to rein tuition costs. “It’d be good to see the very elite institutions, with the richest endowments, take the lead and create a ripple effect throughout higher education to make college more affordable...
...taxes on earnings from investments. But they are subject to taxes on investments with hedge funds that operate within the United States. The law, however, allows offshore hedge funds to convert profits earned from investments into dividends, which are not taxed. Jill Kozeny, press secretary for Sen. Chuck Grassley (R-Iowa)—the ranking GOP member of the Senate Finance Committee—said discussions are still in the early phases. “It’s something that the senators have their staffs examining, but no conclusions have been drawn about this particular issue...
...hardly swing a cat by the tail in that town without hitting a pharmaceutical lobbyist,” Sen. Charles Grassley, R-Iowa, told the Associated Press last year...