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Schweikert wants to get rid of the dollar bill
WASHINGTON -- Freshman Rep. David Schweikert, R-Ariz., wants to retire the
paper U.S. dollar bill and switch Americans to the $1 coin. Schweikert, who sits on the influential House Financial Services Committee, on Tuesday introduced a bill that would get rid of the paper dollar in four years or less. The legislation is titled the Currency Optimization, Innovation and National Savings, or COINS, Act. He said changing the dollar from paper to coin would save taxpayers lots and lots of dollars over the next three decades. “Protecting taxpayer dollars has never been more critical," Schweikert said in a written statement. "One area where Americans may be surprised to learn we can save money is in our currency. By making this transition from a dollar bill to a dollar coin, the U.S. will save $184 million a year and nearly $6 billion over 30 years." |
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Schweikert wants to get rid of the dollar bill
Barney wrote:
WASHINGTON -- Freshman Rep. David Schweikert, R-Ariz., wants to retire the paper U.S. dollar bill and switch Americans to the $1 coin. Schweikert, who sits on the influential House Financial Services Committee, on Tuesday introduced a bill that would get rid of the paper dollar in four years or less. The legislation is titled the Currency Optimization, Innovation and National Savings, or COINS, Act. He said changing the dollar from paper to coin would save taxpayers lots and lots of dollars over the next three decades. “Protecting taxpayer dollars has never been more critical," Schweikert said in a written statement. "One area where Americans may be surprised to learn we can save money is in our currency. By making this transition from a dollar bill to a dollar coin, the U.S. will save $184 million a year and nearly $6 billion over 30 years." We can only hope. And maybe write to our reps (if you can afford to buy one). JAM |
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Schweikert wants to get rid of the dollar bill
"Barney" wrote in message . .. WASHINGTON -- Freshman Rep. David Schweikert, R-Ariz., wants to retire the paper U.S. dollar bill and switch Americans to the $1 coin. Schweikert, who sits on the influential House Financial Services Committee, on Tuesday introduced a bill that would get rid of the paper dollar in four years or less. The legislation is titled the Currency Optimization, Innovation and National Savings, or COINS, Act. He said changing the dollar from paper to coin would save taxpayers lots and lots of dollars over the next three decades. He obviously has trouble thinking outside the box if he believes we'll be using dollar coins three decades from now. Or even dollar bills. “Protecting taxpayer dollars has never been more critical," Schweikert said in a written statement. "One area where Americans may be surprised to learn we can save money is in our currency. By making this transition from a dollar bill to a dollar coin, the U.S. will save $184 million a year and nearly $6 billion over 30 years." One can only laugh at these bold and frivilous predictions |
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