Look, Ronald Reagan’s face is not going to be on the $50 bill, OK? It just won’t happen, at least not soon.
Yes, a congressman from North Carolina, Rep. Patrick McHenry (R), has filed a bill to kick Ulysses S. Grant off the currency in question and replace him with a visage of the Gipper. (No, Decoder did not make up the “Patrick McHenry” part. That’s the guy’s real name.)
The news media have played this as a kind of ex-presidents’ smackdown. Grant supporters say their man helped win the Civil War. Reagan supporters say their man helped win the Cold War. And so on, as they fight for prominence on the nation’s cash.
Lost in all this is that the legislation would have to actually pass the Democratic-controlled House and Senate and be signed into law by Democrat President Obama before this honor for a Republican president would take effect.
Do you see that happening? We don’t either.
But here’s the kicker: Reagan will be engraved on US money anyway. The US Mint is issuing four presidential $1 coins every year, featuring images of deceased chief executives in the order in which they served.
This year, it’s Presidents Fillmore, Pierce, Buchanan, and Lincoln. Next year, it will be Presidents Johnson, Grant, Hayes, and Garfield. Reagan’s turn for the $1 coin issue will almost certainly come in 2016.
We recommend the magnifying glass engraved with Reagan’s signature and the phrase “Trust but Verify.” It’s $24.95.
Presidential dollars accepted.