Ad-Express and Daily Iowegian, Centerville, IA

December 19, 2013

Grassley on budget deal

The Daily Iowegian

---- — Chuck Grassley on budget deal

Sen. Chuck Grassley of Iowa made the following comment on his vote against proceeding to the Senate vote on the House-Senate budget deal and his intention to vote against the legislation on final passage.

“While I appreciate the bipartisan effort that brokered this budget deal, I can’t support the proposal. It spends an additional $63 billion over the next two years when we have a $17 trillion debt. To offset that higher spending, it raises revenue over ten years but spends that money in the first two years. It raises fees on air travelers and corporate pension premiums and reduces retirement benefits for military retirees to offset unrelated spending. Nearly all of the meager spending cuts come way down the road, in 2022 and 2023.”