Unused dollar coins sit in storage, costing taxpayers millions
September 7, 2011 - 10:54 am
The Baltimore Sun reports: A 2005 law requires the Federal Reserve to keep ordering dollar coins, despite the fact that nobody wants them. As a result, the money is being stored in bags in warehouses around the country.
- Unused dollar coins pile up in warehouses around the country.
Officials expect the number of dollar coins sitting in storage to grow to $2 billion by 2016.
Read the original article here: The Baltimore Sun.
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