White House cutting production of presidential dollar coins

WASHINGTON — The presidential dollar coin has fallen victim to Washington’s cost cutting efforts.

The White House said Tuesday it is stopping nearly all production of the coins, which carry the likeness of every deceased president. The effort will save taxpayers $50 million a year in production and storage costs.

Read more here:

http://www.washingtonpost.com/politics/white-house-cutting-production-of-presidential-dollar-coins-will-save-taxpayers-50-million/2011/12/13/gIQAC1f3rO_story.html

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