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Posts Tagged ‘GAO’

Is this the end for the dollar coin?

Fine by me if it is. The dollar wars have raged for years, with various sides battling over what a dollar should look like: Should it be a green piece of paper (cotton, actually) that you can slide in your wallet? Or should it be a metal coin that you put in your pocket? On […]

The dollar coin is an idea that just won’t die

It keeps turning up like a bad penny, as it were. American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what’s best for them either. Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers […]

Still trying to kill bills

Planet Money reports on the continuing efforts to eradicate the paper dollar bill and replace it with dollar coins. In its most recent report, the GAO recommends switching to coins, which could make $4.4 billion for the government over 30 years. But the report says the government benefit does not come from the fact that […]

The quest for a dollar coin that people will use continues

Now with extra special deficit reduction capabilities! Americans are a tight-fisted people when it comes to their dollars. So in order to replace the paper currency with dollar coins — a long-advocated move that could save the government an estimated $5.5. billion over 30 years — the General Accountability Office called on Congress, the Federal […]

BAE gets a reprieve from the GAO

The Government Accountability Office has set aside the Army’s decision to award a $2.6 billion contract to build combat trucks to Oshkosh Systems, giving at least a temporary victory to BAE Systems of Sealy, which currently has that contract. Michael R. Golden, GAO’s managing associate general counsel for procurement law, announced that his agency had […]