❓WHAT HAPPENED: Senator Joni Ernst (R-IA) introduced the COST Act, a bill requiring detailed proof of federal tax dollar usage by entities receiving federal funding.
👤WHO WAS INVOLVED: Sen. Joni Ernst, Vice President J.D. Vance, and Somali-run social services fraud schemes in Minnesota.
📍WHEN & WHERE: Announced during Sunshine Week, which runs from March 15-21.
💬KEY QUOTE: “If you can’t find waste in Washington, there can only be one reason—you didn’t look.” – Sen. Joni Ernst
🎯IMPACT: The bill aims to expose fraudulent spending and increase transparency in federal fund usage.
U.S. Senator Joni Ernst (R-IA) has introduced the COST (Cost Openness and Spending Transparency) Act, a measure designed to require every government agency to list all projects funded by taxpayer dollars. The bill seeks to bring transparency to federally funded social services programs, it states, as well as combat fraud and waste, such as the alleged fraudulent activities in Minneapolis’s Somali-run daycares.
The legislation coincides with the White House’s announcement of a joint state-and-federal anti-fraud task force led by Vice President J.D. Vance. White House Press Secretary Karoline Leavitt described the initiative as a “whole of government effort to fight fraud at the state and federal level.”
“As I always say, if you can’t find waste in Washington, there can only be one reason—you didn’t look,” Ernst said after introducing her legislation. She added that transparency is essential to holding Washington accountable and preventing wasteful spending.
Under the COST Act, entities receiving federal funds would be required to publicly report details, including the percentage of costs covered by taxpayer dollars, the total dollar amount, and any privately financed portions. The Office of Management and Budget (OMB), led by Director Russell Vought, would oversee compliance by reviewing random samples and publicly reporting findings.
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