Sen. Coburn supports move from $1 bill to $1 coin - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Sen. Coburn supports move from $1 bill to $1 coin

Posted: Updated:

OKLAHOMA CITY (AP) _ Oklahoma Sen. Tom Coburn has joined four other senators in promoting the replacement of $1 bills with $1 coins.

Coburn joined fellow Republican Sens. John McCain of Arizona and Mike Enzi of Wyoming and Democrats Tom Harkin of Iowa and Mark Udall of Colorado in introducing legislation to promote the $1 coin as a way to save money and reduce the federal deficit.

Coburn says the change should be a ``no-brainer.'' He points to a Government Accountability Office study that has estimated the savings of moving from paper to coin at between $200 million and $500 million a year.

Supporters of the change say the $1 coin is also environmentally friendly because the coin will last an estimated 30 years while a $1 bill lasts about three years.

  • Local NewsLocal NewsMore>>

  • Oklahoma-based Sonic plans expansion over 10 years

    Oklahoma-based Sonic plans expansion over 10 years

    Friday, April 18 2014 12:59 PM EDT2014-04-18 16:59:35 GMT
    OKLAHOMA CITY (AP) _ Oklahoma-based Sonic Corp. says it plans to open 1,000 new drive-in restaurants over the next 10 years, expanding the chain by about 30 percent. Sonic now has about 3,500 drive-ins
    Oklahoma-based Sonic Corp. says it plans to open 1,000 new drive-in restaurants over the next 10 years, expanding the chain by about 30 percent.
  • Oklahoma unemployment rate hits 5-year low

    Oklahoma unemployment rate hits 5-year low

    Friday, April 18 2014 12:18 PM EDT2014-04-18 16:18:17 GMT
    OKLAHOMA CITY (AP) _ Oklahoma's unemployment rate has fallen to a five-year low, dropping below 5 percent for the first time since 2008. The Oklahoma Employment Security Commission reported Friday that
    Oklahoma's unemployment rate has fallen to a five-year low, dropping below 5 percent for the first time since 2008.
  • UPDATE: Man dead following west Lawton shooting

    UPDATE: Man dead following west Lawton shooting

    Friday, April 18 2014 10:36 AM EDT2014-04-18 14:36:18 GMT
    Lawton- Breaking news happening at this hour, Lawton police tell us they're investigating a shooting right now on the city's west side. Officers have been at 78th and Northwest Welco since around 2:30
    Lawton police tell us they're investigating a deadly shooting Friday morning on the city's west side.
Powered by WorldNow
KSWO-TV, 1401 SE 60th Street
Lawton, OK 73501

Telephone: (580) 355-7000
Fax: (580) 357-3811
Email: news@kswo.com

All content © Copyright 2000 - 2014 Worldnow and KSWO. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.