Sunday, August 21, 2011

It’s Time to Choose Between Dollar Coins and Bills

U.S. Mint Image
In the past month, six bills have been introduced in Congress to address a seemingly urgent issue before our nation: our growing stockpile of $1 coins.

Technically, the issue is not just the $1.2 billion in dollar coins being held in storage at Federal Reserve banks. Media reports, including one by NPR, have pointed out that the government has wasted millions to produce coins that nobody wants. (Last year, just over $400 million in dollar coins was . . .

Read more at: Bangor Daily News

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