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Abolish the penny and the dollar bill. The penny no longer has economic value exceeding its cost.

Created by L.P. on April 23, 2012

As a nod to common cents and reduction of government waste, it is time to relegate the penny and dollar bill to the dustbin of history along with the half cent. Businesses can use the free coin slot in their registers for dollar coins and the free bill slot for either $2 or $50 bills. Coins have a much longer life than bills, reducing the cost of dollar production.

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