The United States loves its paper money. Dollar coins get introduced and re-introduced but they still remain the domain, largely, of vending machines. But a new bill in Congress seeks to change that, by phasing out the paper dollar bills. And supporters say it would bring a financial boon for the government.
Meizhu Lui, Director of the Closing the Racial Wealth Gap Initiative at the Insight Center for Community Economic Development, joins The Takeaway with a look at some of the issues addressed at the Color of Wealth 2009 Policy Summit in Washington.