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Debates over whether to kill off the penny have been around for years. But the dollar bill? “Some House Republicans have introduced legislation to phase out the paper bill,” MSNBC reports. Those lawmakers insist “phasing out the paper bill would save hundreds of millions of dollars a year.”
Someday soon, you might be able to buy your fast food with food stamps. The company that owns Taco Bell, KFC, and Pizza Hut is lobbying the federal government to do just that. “There is big money at stake,” USA Today reports. “USDA records show food stamp benefits swelled from $28.5 billion to $64.7 billion” from 2005 to 2010.
Whether you’re conservative or liberal, if you’ve ever watched the MTV reality show Jersey Shore, you’ll probably agree with New Jersey’s Republican governor on this one. Gov. Christie cut $420,000 in tax breaks for the show. “I am duty-bound to ensure that taxpayers are not footing a $420,000 bill for a project which does nothing more than perpetuate misconceptions about the state and its citizens,” Christie was quoted by CNN.
Americans love their cars, but the oldest one in the world is French. And it’s up for sale. “A total of just 20 of the tricycle-style De Dions were produced in 1884, of which only six are known to survive,” MSNBC reports. “And the one being auctioned off is the only copy that can still run under its own power.” The winning bid is expected to top $2 million.
This isn’t a funny story at all, except for the 10 men listed here – who are laughing all the way to the banks they run. We’re talking $11 million to $20 million – with one earning 1,000 percent more than last year.