Rand Paul actually said...

"This 3-to-2 ratio would increase seigniorage interest savings a lot more than the increase in the cost of producing the coins."

"I don't think the Federal Government should be taking away the choice from consumers whether they hold their cash in coins or dollars, and the public agrees with that position."

"This is a matter I have followed for over a decade, and I must say I think the proposal to replace all dollar bills with dollar coins doesn't make any more sense today than it did 10 years ago."

"It mostly has to be to me on the spending side. We used to spend about 20 percent of GDP. We're now spending 25 percent of GDP. Federal spending has gone up at an alarming rate in the last four years."