Beltway Confidential

Sheriff Biden cracking down on $1 coin production

By Charlie Spiering
Published December 13, 2011 5:00am ET
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Sheriff Biden cracking down on $1 coin production
You know what is really wasteful? Those presidential dollar coins produced by the US Mint. Vice President Joe Biden today announced the U.S. Mint would suspend the production of dollar coins for circulation, which according to a release from the White House, “will save taxpayers at least $50 million per year in production and storage […]

You know what is really wasteful? Those presidential dollar coins produced by the US Mint.

Vice President Joe Biden today announced the U.S. Mint would suspend the production of dollar coins for circulation, which according to a release from the White House, “will save taxpayers at least $50 million per year in production and storage costs.”

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