Chuck Grassley: “I agree with the objectives of Senator Ensign's amendment. I note that the Finance Committee report welfare reform bill…”

“I agree with the objectives of Senator Ensign's amendment. I note that the Finance Committee report welfare reform bill, known as the PRIDE Act, contains a technical correction to ensure that Senator Ensign's and my objective with respect to the EIC is met. Secondly, I will work with Senator Ensign and other interested members of the conference to achieve our second objective. We recognize this amendment is our first attempt to make sure the applicants are fully compliant with our Nation's tax law. As such, the underlying bill's provisions and Senator Ensign's amendment will need to be further examined in conference.”