Washington (Sept. 30, 2002) -- Sen. Chuck Grassley, ranking member of the Senate Finance Committee, told reporters at a news conference that efforts to prevent action on the CARE Act, which includes the corporate expatriation provisions, are misguided. He was addressing a recent story in The Washington Post about an effort to stop Congress from acting on the legislation.

"I'm here to make the point that this legislation should pass, and it should pass this year," said Grassley. "I introduced a bill to reverse the expatriations in April. It was a bipartisan bill supported by the Finance Committee Chairman, Sen. Baucus. The Senate Finance Committee passed our bill unanimously in June."

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