Wednesday, September 21, 2011

House Republican Submits Legislation to Phase Out Dollar Bill in Favor of Coins

Arizona Republican David Schweikert has submitted legislation designed to phase out one dollar bills.

The southwest congressman is not suggesting the area return to the peso. Instead, he wants to replace them entirely with dollar coins.

On Tuesday, the freshman congressman who sits on the House Financial Services Committee introduced the Currency Optimization, Innovation and National Savings, or COINS Act, claiming its passage would help combat . . .

Read more at: Huffington Post

No comments: