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Senators: Get Rid of Dollar Bills (Wall Street Journal)
more at WSJ link aboveSome U.S. lawmakers want the coin to be the dollar of the realm.
Sens. Tom Harkin (D., Iowa), John McCain (R., Ariz.) and two colleagues Tuesday are introducing legislation that would kill off the dollar bill in favor of dollar coins, touting the move as a way to cut costs over the long run.
Promoting the dollar coin is a smart investment for our country that saves taxpayers money, Harkin said.
The move is latest in a long-running battle between those who think it is wasteful to print dollar bills, which wear out and have to be replaced frequently, and those who say the $1 coin is the real waste of money because Americans dont like them.
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