It costs nearly four cents to make a penny that is worth one cent. That is not a good use of taxpayer dollars. The Common Cents Act is a bipartisan, commonsense solution that will save taxpayers millions of dollars while ensuring businesses have clear rules for cash transactions. I’m glad the Senate unanimously passed this legislation and took another step toward bringing our nation’s coinage system into the 21st century.
Discussing the benefits of the Common Cents Act.
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