Quote:
Originally Posted by retmil46
On the subject of coins -
I'm wondering if anyone in Congress is ever going to have enough cojones to override the vending machine and business lobbyists - the U.S. Treasury has been trying for decades now to get Congress to legislate doing away with the dollar bill, and switching over completely to a dollar coin. I forget how many millions it would save the government each year if they weren't having to replace worn-out paper bills.
But every time this comes up in the news, the affected industries complain and carp about how much it would cost them to redesign and change their vending machines and cash register drawers - and nothing ever gets done.
At that, look how long it took them to get around to including anti-counterfeiting measures into the larger denomination bills.
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I've had the same thought. They talked about how poorly received the dollar coins were. Admittedly, they should be significantly larger than a quarter to avoid confusion. But if they just stopped printing dollar bills altogether, it wouldn't make a bit of difference whether they were well received or not.