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Friday, 5 March 2010

image for Ronald Reagan To Go On $50 Bill, Obama To Go On $3 Bill
Distribution of the new bills will begin in 2011

The United States Treasury Department has announced that, effective with the 2011 printings, the United States will produce $50 bills with the image of late president Ronald Reagan. At the same time, they will also make $3 bills with the image of current president barack obama.

Republican Reagan will replace the late General and President Ulysses S. Grant on the $50. The move has been approved, surprisingly, by a Democratic House and Senate. The process actually started a few years ago when Reagan passed away, and has been discussed in committee ever since.

The Congress also unanimously to put Obama on the three dollar bill. One Republican put it this way: "The Democrats think that we are doing this to honor their boy, but in reality... have you ever heard the phrase as phony as a three dollar bill?"

That sure explains things to me.

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