What's In Your Wallet: Proposal Would Eliminate Dollar Bills
Published: Thursday, March 30, 2017 - 3:49pm
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U.S. Sen. John McCain has reintroduced the Currency Optimization, Innovation and National Savings, or COINS Act.
Among other provisions, the bill would move to a $1 coin and stop minting the penny.
Supporters say the measure could save up to $16 billion. Tom Schatz is one of those supporters. He’s the president of Citizens Against Government Waste, and he joins me now.