It seems yet another attempt to do away with the dollar bill is in the works, something I have advocated since the Sacagawea dollar coin made its appearance.
Proponents of keeping the dollar bill cite the unpopularity of the coin because no one is using them. But the reason they don't use them is because the dollar bill is still being printed. It also wastes billions of taxpayer dollars to keep printing bills that wear out in 18 to 24 months. Coins last at least 20 years.
Two of those working against doing away with the dollar bill? Senators Scott Brown (R-MA) and John Kerry (D-MA). This doesn't surprise me because the sole company that makes the paper used to print all of our paper currency is located in Massachusetts. Without the dollar bill they won't make nearly as much income as they have been, meaning they'll probably have to lay off some employees. So the two senators from Massachusetts are working to protect a small number of jobs in the Pay State at the cost to the taxpayers of $183 million per year.
