WASHINGTON--(BUSINESS WIRE)--As part of the Obama Administration’s Campaign to Cut Waste, Vice President Biden today announced the U.S. Mint would suspend the production of presidential dollar coins for circulation. Today, nearly 1.4 billion surplus dollar coins are sitting in Federal Reserve vaults due to lack of demand for the coins. By halting this unnecessary production, the administration will save taxpayers at least $50 million per year in production and storage costs. The vice president m...  Full Article  @ BusinessWire - 6 months ago