WASHINGTON—U.S. Senator Joni Ernst (R-IA), who was sent to Washington to “make ‘em squeal,” joined Stuart Varney this morning to discuss her latest efforts to save Iowans’ tax dollars and cut unnecessary government spending. Senator Ernst’s bill, the Currency Evolution Now To Save (CENTS) Act, allows the U.S. Mint to modify the composition of certain coins—while keeping the size, weight, and functionality of them the same—and saves taxpayers more than $150 million dollars over 10 years.
Click here or the image above to watch Senator Ernst discuss the CENTS Act.
The U.S. Mint requested that Congress give them the authority to change the composition of coins, yet Congress has failed to do so for certain coins. For this reason, Senator Ernst has awarded Congress her June Squeal Award. Learn more about the CENTS Act here.