u.s. mint

Why the U.S. Should Get Rid of the $1 Bill

According to the nonpartisan Government Accountability Office, if America gets rid of its $1 bill and replaces it with a dollar coin, the U.S. will save $5.5 billion on printing costs over the next 30 years. That's a whole lot of dollars.

Could the U.S. Print Its Way Out of the Debt Crisis?

Everyone now knows the federal government is about to run up against its limit for borrowing money, but everyone also knows that governments can -- and do -- just print the stuff. Washington owns the Bureau of Engraving and Printing. Could the way to sidestep this looming crisis be just making more money?

U.S. Mint to Launch $1 James Buchanan Coin

The U.S. mint will launch a $1 coin commemorating President James Buchanan, the 15th president of the United States. The coin will show Buchanan%u2019s portrait with the inscription "JAMES BUCHANAN, IN GOD WE TRUST, 15TH PRESIDENT" and "1857-1861", the U.S. Mint said in a statement. The reverse will show a rendition of the Statue of Liberty with the inscription "UNITED STATES OF AMERICA."

U.S. Mint Faces a Coin Cost Dilemma

The U.S. Mint is facing a big problem with small change: Some coins cost more to make than they're actually worth. It costs 1.6 cents to make a penny, as much as 9 cents to make a nickel, and with billions of coins pressed every year, that really adds up.