Joni Ernst: “That is an unfortunate situation, and I see that our small businesses may be caught in that.”

In 2024 alone, 10,100 million-dollar earners received nearly $97.4 million in unemployment compensation. That amounts to each being paid $9,650, roughly the cost of a new Rolex watch.

“Doe a Deer has woven creativity, hard work, and community into every aspect of its business,” said Chair Ernst.

I’m disappointed that Senate Democrats refused to protect hardworking families from Big Tech companies who can afford to pay their own way.

Because unemployment programs are funded primarily by taxing employers, this federal mandate is effectively a reverse Robin Hood tax that takes from struggling small businesses to give to the idle rich and self-sufficient.