Lawmakers (again) propose replacing $1 bills with coins:
"Hey America, want to save $13.8 billion over the next 30 years? Get rid of your
dollars.
The greenbacks, that is. Let's use dollar coins instead.
That's the message from a consumer advocacy group and former presidential
candidate, Sen. John McCain, who has re-introduced legislation to phase out dollar bills."
"McCain has been joined in his legislative push for the coins by fellow Republican
senators Tom Coburn, of Oklahoma and Mike Enzi of Wyoming, as well as Democrats
Mark Udall of Colorado and Tom Harkin of Iowa.
But they will have a hard sell. Even though most other countries, such as Canada,
Britain and Japan, have replaced smaller currency denominations with coins, Americans
love their greenbacks and have never warmed to dollar coins."
See:
http://www.nbcnews.com/business/lawm...ins-6C10713866
Here we go again............