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HeyBub HeyBub is offline
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Default They did it again!

Everett M. Greene wrote:
"HeyBub" writes:
The "Mint" doesn't make paper money, the Federal Reserve does. None
of the paper currency produced by the Fed affects the federal budget
in any way whatsoever. The Fed is a separate organization from the
government. It is a government corporation, similar in structure to
the Boy Scouts or the Red Cross.


Look for information about the Bureau of Engraving and
Printing, a division of the Department of the Treasury.


The Bureau of Printing & Engraving prints Federal Reserve Notes - and
charges the Fed for the product (some $500 million in 2006). The Bureau of
Printing & Engraving also prints passports, military identification cards,
revenue stamps, and other stuff. The BPE began printing postage stamps in
July 1894 but on June 13, 2006, the BPE printed its last postage stamp.