Showing 5 ideas for tag "coins"
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Department of the Treasury

Mint fewer coins by providing free changing machines

Mint fewer coins by providing free changing machines that allow citizens to change coins into bills or an electronic deposit. Millions of coins sit unused because it is inconvenient to do so. The cost of providing the machines should be more than offset by not having to mint so many new coins each year.

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11 votes
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Department of the Treasury

Replace $1 and $5 Bills with Coins

Stop issuing $1 and $5 Federal Reserve notes and replace them with the current $1 coin and a new $5 coin. A 2002 GAO report indicated that the Government could save up to $500 million a year by replacing $1 notes with $1 coins. This is an easy way to reduce the deficit. Americans may not like the switch at first but if the idea is sold to them properly they will see the benefit and will willingly make the small sacrifice... more »

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1 vote
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Department of the Treasury

STOP circulating pennies, nickels and dimes!

STOP creating & circulating COINS less than a quarter. Start rounding up or down at 50 cents (just like IRS forms). Look how much commerce is conducted electronically or on plastic. It's a new age & time to stop making coins that cost more to produce than they are worth! The savings in handling, recirculating, maintenance, not to mention metal depletion would be enormous with the use of a single denomination coin.

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1 vote
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Department of the Treasury

Increase $2 Bill Usage to Help Move to $1 Coins

The government has tried to shift from $1 bills to $1 coins to save money, but the public doesn't seem to favor this move. I think the shift would be more successful if $1 bills were removed from circulation in favor of $1 coins while simultaneously putting the $2 bill into common circulation.

Since people seem to prefer bills, I think the $1 bills need to be removed for the $1 coins to be more widely used; if people... more »

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2 votes
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