This view breaks the statement into its steps and names what each one does.
Mr. Speaker, Thanks · 9 wordsI thank Chairman Hill for his help on this.ThanksMr. Speaker, Claims · 12 wordsI rise today in support of H.R.3074, the Common Cents Act.Positioning · 10 wordsThis is a straightforward bill that accomplishes one commonsense goal.PositioningClaims · 16 wordsIt stops the Federal Government from losing money on a coin that almost no one uses.Procedure · 4 wordsHere is the problem: ProcedureClaims · 10 wordsEvery penny we mint costs the taxpayers nearly 4 cents.1Procedure · 3 wordsThink about that.ProcedureReasoning · 9 wordsWe are spending 4 cents to make 1 cent.Claims · 14 wordsLast year alone, that absurd math cost the American taxpayers more than $85 million.2Reasoning · 14 wordsI think we can be a better steward of the taxpayers’ money than that.Anecdote · 25 wordsAs a businesswoman, I can assure you that no businessowner in my district or myself would ever spend four times as much to make $1.AnecdoteClaims · 13 wordsYet, that is exactly how Washington has managed the penny year after year.Positioning · 7 wordsQuite frankly, that does not make sense.PositioningClaims · 18 wordsThe Common Cents Act fixes it.It directs the Treasury to stop minting the penny for general circulation, 3Procedure · 6 wordsand quite frankly, that is it.ProcedureClaims · 40 wordsIt does not take away a single penny that somebody already owns.Every penny in your pocket, every penny in your piggy bank, and every penny in that jar on your counter stays as legal tender if it is unused.4Positioning · 6 wordsThis is not a radical idea.PositioningClaims · 5 wordsPresident Trump called for it.5Positioning · 5 wordsIt is his commonsense idea, PositioningThe ask · 5 wordsand it should become law.Claims · 20 wordsI introduced this bill with Congressman Robert Garcia, 6and it cleared the Committee on Financial Services with strong bipartisan support.7Positioning · 10 wordsRepublicans and Democrats don’t agree on much in this town, PositioningProcedure · 6 wordsbut we do agree on this: ProcedureClaims · 12 wordsWe shouldn’t be wasting $85 million a year to keep minting pennies.8Procedure · 5 wordsNot only do we agree, ProcedureClaims · 23 wordsbut, Mr. Speaker, I include in the Record letters of support from local industry leaders who also support this commonsense piece of legislation.