if america switched to a 1$ coin we would save money

Thanks for accepting. MY case refutes your arguments. News sources: The Government Accountability Office, which issued a report on the cost-savings of a currency switch earlier this year, said that because coins outlast paper currency (which survive about 42 months), the switch would save about $5.6 billion over 30 years. [1] So at first it may spike spending but over a period of time it saves money. There actually is a good reason why the Mint is trying to get us to use dollar coins instead of bills. The Government Accountability Office says Uncle Sam could save $522 million a year in production expenses if we did. That's because the coins last 30 years, while the bills don't even last 30 months. [2] The main reason to make the switch is that it will save money. Paper dollars wear out in about three years and then are typically shredded and put in landfills. Coins cost more to make, but they last 30 years or more, and they're recyclable when they become too worn to circulate. The government also makes money on the difference between what money costs to make and what it's worth. [3] Over time, all this adds up. The Government Accountability Office estimates that switching to dollar coins would incur costs at first, but save the government $5.5 billion over 30 years. The study is thorough and credible, despite attempts to knock it down. This is the fourth time the non-partisan GAO has worked through the analysis and concluded that the government would gain from a switch. [3] Other sources: The move to a coin would cost money in the short term, but eventually save money because paper currency lasts about 42 months -- while coins theoretically last forever. Moving to a coin could save $5.6 billion over 30 years, according to the Government Accountability Office. [4] some of my sources have other arguments but we are focused on cost. So you cannot use those. The current $1 coin program actually reduces the federal deficit by nearly $300 million each year. [5] The news release cited the U.S. Mint's 2010 Annual Report, which states the $1 coin program made a net profit of $283 million, all of which was transferred to the Treasury General Fund to reduce government debt. [5] So it gave us profit According to a report released in March by the GAO, hundreds of millions of taxpayer dollars are wasted each year by the continued use of the dollar note. The report, Replacing the $1 Note with a $1 Coin Would Provide a Financial Benefit to the Government, found that transitioning fully to a dollar coin would save the government an average of $184 million per year and approximately $5.5 billion over a 30-year period. Using more traditional assumptions in the GAO analysis, savings could be as high as $11.1 billion. [5] So different numbers but same trend. According to the Dollar Coin Alliance, without a dollar coin program, and given losses of more than $40 million for cents and 5-cent coins, the Mint would be in danger of operating the circulating coin program at a net loss. [5] So according to this since we haven't enacted this plan we are losing money. According to the Dollar Coin Alliance, this response is consistent with findings from the GAO's own polling in 2002 and an ABCNews.com online survey in October 2011 that found that 76 percent of respondents favored eliminating the note given the savings opportunity. [5] SO most Americans are for the bill. SO don't say Americans won't use it and then there is no benefit. We are in 15 trillion dollars in debt any savings helps. 15 trillion dollars im debt [6] The reason for the indifference? The federal government never bothered to discontinue the use of a paper dollar. The government has about $1 billion worth of unused dollar coins sitting in a vault, the Government Accountability Office claims. The GAO also claims if America finally phased out a paper dollar in favor of a coin, it would save the federal budget $5.6 billion over 30 years. [7] this is getting annoying I have proved my point here. I believe I have proved and fulfilled the BOP http://abcnews.go.com... [1] http://www.usatoday.com... [2] http://www.usatoday.com... [3] http://www.azcentral.com... [4] http://www.coinworld.com... [5] http://www.usdebtclock.org... [6] http://hypervocal.com... [7]