Monday, July 18, 2011

Presidential Dollar Coins Cost Taxpayers Millions

In December of 2005, Rep. Carolyn Maloney told her fellow lawmakers they’d be fools not to support a bill creating dollar coins embossed with the faces of U.S. presidents. Maloney sponsored the Presidential $1 Coin Act, proclaiming it would be a net win for taxpayers.

“This bill earns money for the government, benefits small businesses and consumers, educates all users of American currency about . . .

Full story at: NBC News

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