Renee Montagne talks with Rep. Raul Labrador, Republican from Idaho and one of the congressmen who introduced the bill that's set for a vote Friday. The STEM Jobs Act allows people who are in the U.S. legally who are getting advanced degrees in science, technology, engineering and math to stay and get their green cards, he says.
Originally published on Fri November 30, 2012 7:56 am
Credit John W. Poole / NPR
I have a bowlful of coins sitting on my bedside table. I do not have a bowlful of dollar bills sitting on my bedside table. Obviously.
Weirdly, this profoundly boring fact is significant. It is the reason — the only reason — that getting rid of the one-dollar bill and forcing everybody to use dollar coins would provide a financial benefit to the federal government.
Here's why. It costs less than $1 to create a dollar coin or a dollar bill. As a result, the government makes a profit when it puts coins and bills into circulation.
Determined not to be excluded from the post-election bipartisan talk of passing immigration legislation, the Congressional Hispanic Caucus on Wednesday rejected two Republican proposals while outlining its own priorities.
Rep. Nancy Pelosi, the Democratic minority leader in the House, says she's optimistic that Democrats and Republicans will reach a deal that would avoid triggering a wide array of tax increases and spending cuts scheduled to take effect in the new year and that experts say could send the economy into a recession.