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Should dollar bills be replaced with coins?
Posted: 10.15.2011 at 7:00 AM
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There's just something about pulling out those crisp dollar bills to pay for goods and services that can not be replicated with coins.

But if an Arizona Congressman gets his way, then we may soon lose that feeling.

Republican David Schweikert is sponsoring legislation that would replace dollar bills with dollar coins. Schweikert said the move would save the U.S. government billions of dollars.

"One area where Americans may be surprised to learn we can save money is in our currency. By making this transition from a dollar bill to a dollar coin, the U.S. will save $184 million a year and nearly $6 billion over 30 years." said Schweikert.

But Americans haven't embraced dollar coins in the past, like the Susan B. Anthony, and those opposed say if people don't use the change it could offset potential savings.

What do you think about doing away with dollar bills? Would you rather use dollar coins instead?

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