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Congressman Adam Smith (WA-09), Ranking Member of the House Armed Services Committee, made the following statement after the House passed the Fiscal Year 2012 National Defense Authorization Act:
McClatchy Newspapers
The federal government has too much money on its hands.
That may be surprising, especially since the government is flat broke, with a $15 trillion national debt.
But it's also awash in shiny one-dollar coins, with more than a billion of them going unused by the public and piling up at bank vaults across the country.
To deal with the excess, the Obama administration announced Tuesday that it would all but halt production of its special presidential dollar coins for general circulation.
Today, the Department of Veterans Affairs (VA) and Housing and Urban Development (HUD) announced that homelessness among our nation's Veterans decreased by nearly 12 percent between January 2010 and January 2011.
"In August 2011, I introduced the Dollars and Sense Act (H.R. 2778) to reduce overproduction of $1 coins and eliminate the backlog of more than one billion excess coins sitting in Federal Reserve vaults.
Congressman Adam Smith (WA-09), Ranking Member of the House Armed Services Committee, made the following statement today following the announcement of the OH-58 Kiowa observation helicopter crash at Joint Base Lewis-McChord:
On November 29, Congressman Adam Smith supported passage of H.R. 3012, the Fairness for High-Skilled Immigrants Act, in the House of Representatives.