Joni Ernst: “Crop insurance is the most effective and best risk management tool.”

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.

From the fields in Iowa to the battlefields in Iraq, I have worked my entire life. Unlike most of my colleagues in the Senate, I am not a millionaire. I know what it is like to live paycheck to paycheck.

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

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.