![]() Unfortunately, they are mired in a movie that just doesn't work. Overall, the cast does a pretty good job with the material they are given they are believable in their roles. There are also overly done stereotypes, the black kid from the wrong side of the tracks who is harassed by the rich white kid and the angst-ridden computer nerd. How convenient, if you're a teen wanting to rob the place. There doesn't even appear to be any cameras in place. Four teens can wander around the mint in this post 9/11 world without being questioned or even noticed. Also, there are scenes that are downright silly-the US government mint's only security seems to be two inept guards at the front desk and nothing else. Instead, it is bogged down with horrible and banal dialogue that takes the audience nowhere. Given the interesting and promising premise, this film could have been so much better. As it turns out, the father of one of these students embezzled $10M from the school's endowment fund, necessitating the operation. Four students endeavor to save their school financially by breaking into a US government mint and producing "error" coins that can be sold for millions. This article was written by GovTrack Insider staff writer Jesse Rifkin."Coin Heist" has so much potential given the premise. ![]() John McCain has expressed openness to the idea of either discontinuing or significantly altering the penny, but it has yet to be done. In practice, everyone from Democratic President Barack Obama to Republican Sen. ![]() In theory, this is a nonpartisan bill which should be able to attract support from both sides of the aisle. John McCain, died last year.) It awaits a possible vote in the Senate Banking, Housing, and Urban Affairs Committee. (The lead sponsor of 2017’s COINS Act, Sen. The bill has not yet attracted any cosponsors. For example, while about two cents are lost on each nickel produced, each $1 bill only costs about 5.5 cents - for a gain of 94.5 cents. Opponents counter that even if taxpayers are losing some small amount on coin production, that’s more than cancelled out by paper bill production. That’s why I’ve put forward this commonsense bill that will allow the Mint the flexibility to use cheaper materials to produce certain coins, without changing the size or functionality of them.” “Right now, it costs hardworking taxpayers seven cents to make one nickel. “Iowa taxpayers are getting nickeled-and-dimed by the increasing costs of certain metals for producing coins,” Sen. Supporters argue the bill is a fiscally responsible way of bringing down costs to produce American currency. It was introduced in the Senate on June 12 as bill number S. Although that number is difficult to independently verify, there’s no doubt it would save taxpayers at least some level of money. ![]() Sponsors estimate the bill would save $150 million over the next decade. Mint to change the metallic composition of all American coins, which would bring costs down.Īll coins would still be required to maintain their current diameters and weights, because otherwise vending machines might not recognize future coins of different sizes. The Currency Evolution Now To Save Act would allow the U.S. Perhaps recognizing this, advocates of currency reform are now trying a slightly different tack. However, that bill failed to receive a Senate committee vote. The COINS Act of 2017, which GovTrack Insider covered, would have discontinued penny production entirely. Mint’s annual report, taxpayers lost about $85.4 million from penny production and $33.5 million from nickel production last year. Based on estimates from numbers in the U.S. It might sound funny, but so many coins are produced annually that the cost actually adds up. In other words, American taxpayers lose money every time the U.S. Yeoman (Author), Kenneth Bressett (Author) 4.7 out of 5 stars. It currently costs 2.06 cents to make each penny and 7.53 cents to make each nickel. A Guide Book of United States Coins 2017: The Official Red Book, Hardcover Edition (The Official Red Book A Guide Book) Hardcover Illustrated, April 5, 2016. Here’s a penny for your thoughts - except that will actually cost you 2.06 cents. ![]()
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