To: President Donald Trump, The United States House of Representatives, and The United States Senate
Reduce U.S. Deficit by use of the dollar coin
I am writing, to urge your support for the Currency Optimization, Innovation and National Savings (COINS) Act, H.R. 2977 and the companion bill in the Senate. This bi-partisan legislation, sponsored by Representative David Schweikert (R-AZ) and Senators Tom Harkin (D-IA) and John McCain (R-AZ) will eliminate the wasteful dollar bill from circulation and save the government billions of dollars in the process.
According to the Government Accountability Office (GAO), eliminating the dollar bill and transitioning to the dollar coin will save the government at least $5.5 billion over the next 30 years. During this time when all Americans are demanding increased government efficiency, we can’t afford to wait any longer to make this simple, common sense change.
Small businesses, mass transit agencies, budget watchdogs, trade associations, and private companies all agree; the dollar coin makes sense. Please join the bi-partisan effort to reduce the deficit by eliminating the dollar bill and switching to the dollar coin.
Why is this important?
According to the Government Accountability Office (GAO), eliminating the dollar bill and transitioning to the dollar coin will save the government at least $5.5 billion over the next 30 years. During this time when all Americans are demanding increased government efficiency, we can’t afford to wait any longer to make this simple, common sense change. Dollar coins last far longer (a lifespan of 7 times that of bills), and are fully recyclable - dollar bills are shredded and go to the landfill.
Save money for the country and help the environment - support the dollar coin!