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Squawk on the Street

Is It Time to Scrap the Greenback?


A taxpayer watchdog group is pushing the Treasury to aggressively increase circulation of $1 coins. As the US grapples with its $1.4 trillion deficit, Citizens Against Government Waste says the move to a coin dollar could save about half a billion dollars annually.

So what do you think? Is it time to scrap the paper greenback?

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