Wes Hickman (202-224-5972) or Kevin Bishop (864-250-1417)

WASHINGTON -- U.S. Senator Lindsey Graham (R-South Carolina) today made the following statement after President Bush addressed a joint session of the South Carolina General Assembly. “The President has done an excellent job of defining the demographic problems facing Social Security. “Millions of Americans rely on Social Security as a means of survival. The Social Security safety net is a common bond that brings us all together and I am pleased President Bush is focusing on this aspect of the program. “I was also encouraged to hear President Bush reiterate all options were on table, except for raising the 12.4 percent tax rate and changing the program for those at or near retirement. “I anticipate and hope that after his sixty-day tour of the nation the President will present more specific ideas to the nation.” ####

Wes Hickman (202-224-5972) or Kevin Bishop (864-250-1417)

WASHINGTON -- U.S. Senator Lindsey Graham (R-South Carolina) today announced more than $1.25 million in federal grants for community health center grants in Greenville and Manning. New Horizon’s Family Health Services in Greenville will receive a $522,938 grant, and Black River Healthcare in Manning will receive a $733,333 grant. Community Health Center grants are designed to promote the development and operation of community-based primary health care service systems in medically underserved areas. The grant was awarded by the U.S. Department of Health and Human Services. ####

Wes Hickman (202-224-5972) or Kevin Bishop (864-250-1417)

WASHINGTON – U.S. Senators Lindsey Graham’s (R-South Carolina) and Charles Schumer’s (D-New York) work over the past two years trying to get China to stop manipulating its currency received a major boost today when the pair announced the Republican and Democratic leadership in the Senate had agreed to a floor vote on their legislation. “Getting a straight up-or-down vote on our bill is what we have wanted all along,” said Graham. “China needs to reform its trade practices or suffer serious reprisals. For two years, I’ve been telling China it’s time to transition to a market-based currency. The Senate’s vote was the most positive step in years when it comes to reforming Chinese trade practices.” The issue was brought to a head when Graham and Schumer offered their legislation as an amendment to the Foreign Affairs Authorization Act. A procedural motion to table the amendment was brought forward and soundly defeated in a bipartisan 67-33 vote, a majority of Republicans and Democrats opposed the measure. Graham and Schumer then worked with the leadership in both parties to come to a written agreement on timing of a straight up-or-down vote on their free-standing bill, S. 295, no later than July 27. The pair then agreed to withdraw their amendment. The bill calls for a 180-day negotiation period between the United States and China to revalue its currency. If the negotiations are not successful, a temporary across the board tariff of 27.5 percent would be applied to all Chinese products entering the United States. If the President determines at the end of the negotiation period China has developed and started actual implementation of a plan to revalue its currency, he may delay imposition of the tariff for another twelve months. “Two-thirds of the Senate expressed displeasure with Chinese trade practices,” said Graham. “If China wants to be part of the international community, it’s time for them to clean up their act. Until they start playing by the rules, our manufacturing industry will continue to bleed jobs because of unfair Chinese trade practices.” The yuan -- sometimes known as renminbi -- has been tightly pegged to the U.S. dollar since 1994 (approximately 8.28 Yuan to the dollar). If China’s currency freely floated in the market, as is the case with virtually all major world currencies, it would have appreciated substantially. “I appreciate the efforts of the Bush Administration to move the Chinese to a market based currency,” said Graham. “I think our effort in the Senate will be helpful in that endeavor.” #####

Wes Hickman (202-224-5972) or Kevin Bishop (864-250-1417)

WASHINGTON -- U.S. Senator Lindsey Graham (R-South Carolina) today announced the Medical University of South Carolina (MUSC) has been awarded four grants totaling more than $895,000. The grants include:

• $283,500 to conduct blood disease research.
• $255,500 to study drug interactions.
• $203,670 to conduct mental health research in treating the effects of child sexual abuse.
• $154,135 for digestive disease and nutrition research.

The grants were awarded by the U.S. Department of Health and Human Services. ####