Senators Mike Enzi & John McCain reintroduce the Coins Act to save billions in taxpayer dollars

Press Release

Change can be hard sometimes, but switching to a dollar coin could save our country $150 million a year. I introduced legislation with Senator John McCain that would modernize our currency by moving to a $1 dollar coin, reduce the cost of nickel production and suspend the minting of the penny, which currently costs more than one cent to produce. Our country is in a difficult financial position because we didn't value the cost of the dollars we spent. We can't afford to keep that up, and these innovative opportunities are a way to save taxpayer money that is really just being wasted with each new dollar we print and penny we mint.

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