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Click here to visit the new home of Politics Daily!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 Reserve and the Treasury to help yank the $1 note from circulation. In the past 20 years, the GAO, Congress' investigative arm, has issued four recommendations for a switch to metal dollars in order to save all the money spent to replace worn-out dollar bills. Dollar bills last longer than they used to ...
The Obama administration's recent surprise decision to suspend new work on a multibillion-dollar high-tech border control system -- the third attempted since 1997 -- raises further questions about the government's use of computer networks and sensors in an effort to seal the border with Mexico. As part of a broad illegal immigration crackdown called the Secure Border Initiative, a seamless "virtual fence" launched in 2005 was supposed to be up and running by last year. Among other things, the project known as SBInet called for a vast surveillance system along the 2,000-mile Southwestern ...
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