Would Replacing the Dollar Bill with a Coin Save the Government Money?
Past legislative attempts to eliminate the dollar bill in favor of coins say it will save the government money. Is this really true?
Dollar Coin
Senators Introduce Legislation to Eliminate Dollar Bill
Senators John McCain (R-AZ) and Mike Enzi (R-WY) have introduced legislation to phase out the $1 bill with a $1 coin.
Rep. Schweikert Introduces Legislation to Phase Out $1 Bill
Legislation has been introduced that claims it would reduce the deficit by billions by phasing out the $1 bill.