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Press Release: Ernst Proposes RECEIPTS Act to Guard Against Military Waste and Fraud

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Senator Joni Ernst introduces legislation aimed at improving Pentagon financial accountability and preventing wasteful spending.

Quiver AI Summary

Senator Ernst unveils new legislation for Pentagon audit: U.S. Senator Joni Ernst (R-Iowa) recently discussed her new bill aiming to provide the Pentagon with resources to achieve a clean audit by 2028. Ernst highlighted the necessity of accountability in defense spending, citing examples of alleged waste and fraud within the military budget.

Concerns raised over military spending: Ernst pointed to instances of significant fraud and misuse of funds, including cases of inflated costs for basic supplies. She emphasized that the military's inability to pass audits raises concerns about how taxpayer dollars are being utilized.

Implementation of RECEIPTS Act: The RECEIPTS Act, introduced by Ernst, is designed to leverage AI and streamline financial oversight at the Pentagon, aiming to prevent future waste and ensure better management of military expenditures. She calls for increased transparency and efficiency in defense budgeting.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Joni Ernst Fundraising

Joni Ernst Fundraising

Joni Ernst recently disclosed $153.2K of fundraising in a Q4 FEC disclosure filed on January 31st, 2026. This was the 2865th most from all Q4 reports we have seen this year. 100.0% came from individual donors.

Ernst disclosed $1.2M of spending. This was the 45th most from all Q4 reports we have seen from politicians so far this year.

Ernst disclosed $2.1M of cash on hand at the end of the filing period. This was the 198th most from all Q4 reports we have seen this year.

You can see the disclosure here, or track Joni Ernst's fundraising on Quiver Quantitative.

Joni Ernst Net Worth

Quiver Quantitative estimates that Joni Ernst is worth $821.8K, as of February 13th, 2026. This is the 350th highest net worth in Congress, per our live estimates.

Ernst has approximately $124.8K invested in publicly traded assets which Quiver is able to track live.

You can track Joni Ernst's net worth on Quiver Quantitative's politician page for Ernst.

Joni Ernst Bill Proposals

Here are some bills which have recently been proposed by Joni Ernst:

  • S.3837: A bill to designate the clinic of the Department of Veterans Affairs in Des Moines, Iowa, as the "Staff Sergeant Edgar Torres-Tovar VA Clinic" and to designate the community-based outpatient clinic of the Department in Marshalltown, Iowa, as the "Staff Sergeant William Nathaniel Howard VA Clinic".
  • S.3789: A bill to provide for a temporary adjustment to the prospectus thresholds for certain General Services Administration projects, and for other purposes.
  • S.3727: A bill to combat fraud in Federal programs, and for other purposes.
  • S.3553: Where’s WALDO Act
  • S.3321: FAIR Leave Act
  • S.3260: Ending Subsidies for Political Junk Mail Act

You can track bills proposed by Joni Ernst on Quiver Quantitative's politician page for Ernst.

2026 Iowa US Senate Election

There has been approximately $14,301,843 of spending in Iowa US Senate elections over the last two years, per our estimates.

Approximately $459,490 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

The rating for this race is currently "Likely R".

You can track this election on our matchup page for the 2026 Iowa US Senate election.

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