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HYPOCRISY ALERT! Grassley Announced Help for Unemployed After Voting Against Helping Them

FOR IMMEDIATE RELEASE
March 2, 2010

Contact:
Mark Daley
515-243-3100
HYPOCRISY ALERT!
Grassley Announces Help for Unemployed After Voting Against Helping Them

(Des Moines) - In a press release yesterday Senator Charles Grassley announced Dubuque workers who lost their jobs at Ductsox corporation in May of 2007 are eligible for Trade Adjustment Assistance worker retraining, a program he voted against. "Senator Grassley must think Iowans are not paying attention," said Roxanne Conlin's campaign manager, Mark Daley. "He voted five times to give tax cuts to companies who ship our jobs overseas and against helping displaced workers, then took credit when they got help. Thirty-five years in Washington sure can change a person."

Background:
Grassley Release March 1, 2010
U.S. Sen. Grassley: Workers at Ductsox Corporation in Dubuque eligible for assistance 3/1/2010
(Washington) - Chuck Grassley today said that workers from Ductsox Corporation in Dubuque are eligible to apply for Trade Adjustment Assistance.
"This assistance will help provide workers with new skills and training so they can get back on their feet and compete for new jobs in the future," Grassley said. Read the full release here.

Grassley's Voting Record:
Grassley Voted Against an Amendment to Maintain Worker Retraining Component of TAA Program. In 1995, Grassley voted against the "Moynihan, D-N.Y., amendment to maintain the worker retraining assistance part of the Trade Adjustment Assistance Program, which provides job retraining for American workers laid off as a direct result of an American international trade program such as the North American Free Trade Agreement." [Vote 482, 10/10/95] (The amendment was in response to provisions in the larger bill that repealed training funding under TAA and NAFTA Transitional Adjustment Assistance programs.)

Grassley sponsored a motion to table (kill) the Dorgan amendment that would partially repeal a tax deferral regulation for U.S. multinational companies by requiring those companies to pay federal income taxes on foreign factories when goods are re-imported back into the United States. [vote 83, 5/5/04, passed 60-39 (R 51-0, D 8-39)]

Grassley voted against an amendment by Sen. Hollings to the Corporate Tax Overhaul bill that would strike $39 billion in tax breaks on overseas income from the bill. [Vote 90, 5/11/04]

Grassley voted for passage of the Corporate Tax Overhaul bill which repeals the extraterritorial income (ETI) tax regime in response to a World Trade Organization (WTO) ruling against the United States; creates a new manufacturing deduction equal to nine percent of a company's domestic production income, effectively reducing the tax rate on such income by three percent, from 35 percent to 32 percent; and allows U.S. companies to pay a lower tax rate on funds repatriated from foreign subsidiaries for one year. [vote 91, 5/11/04, passed 92-5 (R 47-3, D 44-2)]

In 2004, Grassley voted against prohibiting American tax dollars from being used to ship jobs outside the country. [Vote 41, 3/11/04]

Grassley voted against a Breaux amendment to the Corporate Tax Overhaul bill that would require companies to spend offshore profits on job creation, research and development, capital investment or funding pension plans in order to be eligible for a reduced tax rate of 5.25 percent. [vote 81, 5/5/04]

In 2005, Grassley voted against an amendment that would repeal tax incentives for domestic companies that move their manufacturing plants to offshore locations and use the resulting revenue to reduce the federal deficit and debt by $3.2 billion from 2006 to 2010. [Vote 63, 3/17/05]


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