Will the paper $1 fall under its own weight before plastic transactions wipe out currency and coin transactions all together ?
Once again, the Congress has before it an easy way to cut some costs in getting rid of the paper $1 in favor of dollar coins which are already minted and last a lot longer.
The public has resisted the metal $1 and for the most part refused to use it.
These days even the smallest transactions are done with credit and debit cards which provide the ultimate in ability to track the public, something the government loves.
However there is still a need for real money, and Congress should force the transition in order to save the modest amount in coming years.
Congress looks at doing away with the $1 bill