Ronald Reagan on a $50 bill?
March 2, 2010
A bill is being introduced in Congress calling for Ronald Reagan’s likeness to be placed on all $50 bills, an honor currently occupied by Ulysses S. Grant. [Los Angeles Times]
Rep. Patrick T. McHenry (R-N.C.) believes that the 40th President, and former California governor, deserves to be part of U.S. currency. “Like President Roosevelt on the dime and President Kennedy on the half dollar, President Reagan deserves a place of honor on our nation’s currency,” McHenry said.
A 2005 attempt to put Reagan on the $50 bill never made it out of the House Financial Services Committee, even though Republicans controlled the committee at the time.
Grant still has his supporters, who point to the military general’s undisputed success during the Civil War.
The debate comes amid a flurry of attempts to honor Reagan as the nation approaches the centennial of his birth in 2011.