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Pocket Change We Can Believe In: Republicans Introduce Bill To Retire Dollar Bill

by LiveModern Webmaster last modified Jan 04, 2012 02:05 AM
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by last modified Sep 28, 2011

Image credit Sessiebear Finally, the Tea Party Republicans introduce a measure that makes cents: Rep. David Schweikert (Ariz.) and two others have introduced the Currency Optimization, Innovation and National Savings (COINS) Act to replace the dollar bill with a coin. He points out that shredding and replacing 3 billion paper dollars every year is a huge waste of money. "At a time when we are staring down a record-breaking $1.3 trillion deficit, any common-sense measure that cuts billions needs to be given serious consideration." Our own Pablo covered the carbon footprint of coins vs bills, and claimed that "few people want more heavy coins weighing down their pockets and purses." The two senators from Massachusetts don't like the idea either, but then they make the paper for dollar bills in their state. ... Read the full story on TreeHugger






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