Feedback at 5:00- Should The U.S. Have Dollar Coin?
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We've told you before how the U-S Mint was planning to stop making dollar coins because there are so many sitting around – more than a billion in government vaults.
Now, two US Senators want dollar bills to go away in favor of the coin.
Republican John McCain of Arizona and Democrat Tom Harkin of Iowa say this will reduce wasteful spending in the long run.
The Senate introduced a bill Tuesday mandating the Federal Reserve help people get used to coins.
Some say bills wear out too fast and have to be replaced much more often than coins.
Last year, the Government Accountability Office found that using coins could save more than five-billion-dollars over 30 years.
Problem is: most Americans are against carrying more change.
What do you think: should we switch to dollar coins or keep the bills? Why or why not? Post your comments below for tonight's "Feedback at 5:00."
Monday, May 21 2012 11:11 PM EDT2012-05-22 03:11:23 GMT
We just got word from the Sheriff's Department that a major manhunt is underway right now in Roscommon County's Backus Township. The sheriff's department tells us they are looking for a man that escaped
We just got word from the Sheriff's Department that a major manhunt is underway right now in Roscommon County's Backus Township. The sheriff's department tells us they are looking for a man that escaped
Monday, May 21 2012 8:41 AM EDT2012-05-21 12:41:50 GMT
Three motorcyclists led deputies on a high speed chase through Montcalm County. Deputies tried to pull them over just before midnight on Friday in Ferris Township. All three refused to pull over, continuing
Three motorcyclists led deputies on a high speed chase through Montcalm County.
Monday, May 21 2012 11:48 AM EDT2012-05-21 15:48:16 GMT
A man is dead after losing control of his motorcycle over the weekend. The crash happened just after 8:00, Saturday night in East Bay Township. Deputies say the driver, James Ritter of Traverse City,
A man is dead after losing control of his motorcycle over the weekend. The crash happened just after 8:00, Saturday night in East Bay Township. Deputies say the driver, James Ritter of Traverse City,
Sunday, May 20 2012 6:31 PM EDT2012-05-20 22:31:01 GMT
The 40th Annual Blessing of the Bikes brought people from all over the country to Baldwin in Lake County. Bikers started lining the streets Friday and today was the culmination of the festivities with
The 40th Annual Blessing of the Bikes brought people from all over the country to Baldwin in Lake County. Bikers started lining the streets Friday and today was the culmination of the festivities with
Authorities in western Michigan say a car with six teenagers aboard went out of control and crashed on an interstate highway exit ramp, killing two of them and seriously injuring two others.
Authorities in western Michigan say a car with six teenagers aboard went out of control and crashed on an interstate highway exit ramp, killing two of them and seriously injuring two others.
Friday, May 18 2012 8:03 PM EDT2012-05-19 00:03:38 GMT
They issued a warrant for her arrest last spring, and since then she has been on the run. A former coworker says Kerrie Ann Gottschall stole the money when they worked at Pioneer/Cadillac Broach in Leroy
They issued a warrant for her arrest last spring, and since then she has been on the run. A former coworker says Kerrie Ann Gottschall stole the money when they worked at Pioneer/Cadillac Broach in Leroy
Monday, May 21 2012 4:37 PM EDT2012-05-21 20:37:29 GMT
Police need your help identifying a man who attempted to use a stolen credit card in Traverse City. It's believed, back in February, the man shown on your screen in the surveillance video broke into a
Police need your help identifying a man who attempted to use a stolen credit card in Traverse City. It's believed, back in February, the man shown on your screen in the surveillance video broke into a
Friday, May 18 2012 10:54 PM EDT2012-05-19 02:54:18 GMT
A statewide scam with victims right here in northern Michigan. The attorney general says a Holly woman ran a foreclosure-rescue scam. They believe she stole $250,000 from at least 60 victims. Rebecca
A statewide scam with victims right here in northern Michigan. The attorney general says a Holly woman ran a foreclosure-rescue scam. They believe she stole $250,000 from at least 60 victims. Rebecca
Saturday, May 19 2012 11:35 PM EDT2012-05-20 03:35:56 GMT
The D.N.R. reports that a wildfire on a munitions range at Camp Grayling is contained. It was reported around six p.m Saturday night, and covered about 80 acres before it was over. Some 35 firefighters
The D.N.R. reports that a wildfire on a munitions range at Camp Grayling is contained. It was reported around six p.m Saturday night, and covered about 80 acres before it was over. Some 35 firefighters
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