901_Group_P2

Position Paper – Part Two

Name: Efren Mackintos

Instructions: Please use this form as an organizer for writing your portion of your group position paper. You will be writing the second part of the paper. You should clearly and thoroughly identify possible solutions and the final solution that your group has decided on to solve the problem that you are addressing. You may use your own research and the research from other members of your group. Be sure to follow the MLA citation format that you used when completing your JRP. Your portion of the paper should be a minimum of one page in length.

III. There are many possible solutions to this problem. The possible solutions are:

The solutions are to simply just eliminate the penny from our money system or to replace the metals that are zinc and copper. Since these metals prices are increasing the United States could substitude them with cheap metals, such as steel, it will save American taxpayers millions of dollars. Treasurey Juristiction is the agency that will implement HB 901. They should just terminate the penny, people dont even bother picking up a penny after they drop it, so why make it. At a job if you got a raise of 98 cents instead of 99 cents im sure you wouldn't be fighting for that extra penny because its just not worth the time. This solutin will work because it will save the money that is wasted processing the penny. By rounding to the nearest 5 or 0 you'd eliminate alot more than what your would gain. By having a system that rounds up as well as down you'd pretty much balance out what the penny was worth anyways.

IV. The solution I (we) propose is: (This section will become you proposed legislation. Be sure to include what agency will implement your law, proposed cost if any and effective date). You must also state how your bill fits within the limits of the Constitution.

We purpose to eliminate the penny because it is simply a huge waste of money producing it, $50 million thrown away. We also spend more money on the nickel than it is woth and we have to eliminate either the penny or nickel I suggest the penny since it is not as valuable. The penny does hold some history on it, such as our dear President Abraham Lincoln, but we have walked over the President so many times without picking it up. I am not saying no one has ever picked up a penny but I am saying most of the American people have ignored the penny when seen on the ground. It is not a total lose anyway because President Lincoln is also on the American $5 bill, he is still in our wallets. Overall, we save more than lose more when we elininate the penny, I am sure American taxpayers will be glad to save $50 million dollars a year by eliminating the 1 cent penny.