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For The Media

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Press Release: GAO says replacing the $1 bill would provide financial benefit to the government

Posted on: 03-22-2011 Posted in: For The Media

According to GAO’s analysis, replacing the $1 note with a $1 coin could save the government approximately $5.5 billion over 30 years. This would amount to an average yearly discounted net benefit of about $184 million.

Download the GAO report here.

RSS Dollar Coin Newswire

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  • Arizona congressman wants coin to replace bill – USATODAY.com
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With dollar bill paper prices at an all-time high and the federal debt ballooning, the Dollar Coin Alliance is calling on Congress to act to save billions in taxpayer money by transitioning from the dollar note to the $1 coin.

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About Us

The Dollar Coin Alliance is a coalition of American small businesses, mass transit agencies, budget watchdogs, trade associations and private companies.

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For media inquiries, please contact Matt Meenan at (202) 289-4001 or mmeenan@XenophonStrategies.com.

Get involved

With dollar bill paper prices at an all-time high and the federal debt ballooning, the Dollar Coin Alliance is calling on Congress to act to save billions in taxpayer money by transitioning from the dollar note to the $1 coin.

Get Involved!

Resources
  • Press Release: Dollar Coin Alliance Responds to Kerry/Brown “Currency Efficiency Act”
  • WGN Chicago: Jim Kolbe, Honorary Chairman of the Dollar Coin Alliance
  • Press Release: COINS Act Calls for $1 Coin Transition to Reduce Government Waste
  • Stop Legislating this buck and kill the dollar bill - WaPo Op-Ed
  • Op-Ed from Honorary Chairman Jim Kolbe: The Other Side of the Dollar Coin
Latest Tweets
  • The @LATimes agrees that "It's time" to eliminate the $1 bill and save billions in the process. http://t.co/uT6pgT0k
  • RT @allstarvending: @DollarCoinNow Keep up the good work! We are behind you 100%!
  • AZFackCheck'11 (a fact checking project from AZ Republic & ASU) deemed that the COINS Act will save the govt billions! http://t.co/4DQQOk80
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