When was the dollar bill introduced?
United States one-dollar bill
On November 29, 2012, a House subcommittee met to consider replacing the dollar bill. This action took place after the seventh Government Accountability Office report on the subject. The latest report claimed that switching to dollar coins would save $4.4 billion over thirty years. However, according to polls, few Americans want to give up dollar bills.[30] Recent budgets passed by Congress have included provisions to prevent the Treasury Department from spending any of its funds to redesign the one-dollar bill, largely because of potential cost impacts on the vending machine industry.[31]