Wednesday, August 24, 2011

Government Waste: Unwanted Coins Costing Taxpayers' Money

This is one example of waste that can be cut from the budget.  In 2005 Congress ordered the Mint to make Presidential dollar coins and they've been made ever since. While most of these coins are sitting on shelves these coins just keep coming and coming so much so that a new building is being built in order to house all these coins.  This is utterly absurd folks. This is government waste at its worst.



4 comments:

Ron Russell said...

I wasn't aware of this Teresa--interesting, but not a surprise!

Nate said...

And not a one of them is worth the denomination printed on them, thanks to ...guess who?

Woodsterman (Odie) said...

There were coin dealers trying to sell them from infomercials at 4:00 in the morning.

MathewK said...

No wonder I always see those coins going dirt cheap. I always wondered why. The biggest problem with govt. waste is getting the to stop it.