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Detailed text transcripts for TV channel - MSNBC - 20110422:13:24:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110422:13:24:00

Selectquote. we shop. you save. as washington battles over the federal deficit, a small but vocal group is using the fiscal crisis to reignite a battle. they'd like to dump the one dollar bill and replace with a $1 coin. the move could save $5.5 billion over the next 30 years. brinks security, vending machine companies and public transit officials have spent tons of money lobbying congress for this change. christina is the associate politics editor at congressional quarterly role call and joins us now. thank you. this is an interesting debate. people say, wow, it could save us $5.5 billion.

Detailed text transcripts for TV channel - MSNBC - 20110422:13:25:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110422:13:25:00

What are we talking about? >> janie wolfer took a look at this issue to get down to how government works. this is an area where you've got so many competing interests who want to influence the debate. vending machine companies -- >> they want the coin. >> the coin. >> you brought it. >> these are the dollar coins. they say that if you take the dollar bill out of circulation, that this will actually help their industry. they claim they lose up to a billion dollars in jammed vending machine dollars each year. that's a lot of money. but really, benefit politics. when you've got this big, what you...