Dallas Morning News1 个月
How much does it cost to make a penny? Trump says too much
But Elon Musk’s Department of Government Efficiency raised the prospect in a post on X last month highlighting the penny’s cost. The U.S. Mint reported losing $85.3 million in the 2024 fiscal ...
The Washington Post14 天
Axing the penny could cost us. Are we willing to pay the price?
That same penny can then transfer that same amount of wealth to new recipients with no added production cost. It does this over and over. Because of its durability, one penny may represent the ...
WXII 12 NEWS28 天
Making cents of it all: Here's how much a penny costs you
The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year.They aren’t the only expensive coin. Nickels cost about 13.8 cents to make in 2024, despite them being ...
来自MSN1 个月
Why ditching the penny may not cost Americans much
A penny’s total unit cost last year was $0.0369, according to a U.S. Mint report. Also read: Elon Musk wants to kill the penny. The little coin has won this battle before. Canada discontinued ...
NBC News1 个月
As Trump aims to ax the penny, these are the coins that cost more than they're worth
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that c ...
KCCI Des Moines29 天
Making cents of it all: Here's how much a penny costs you
THE PRESIDENT CITED THE RISING COST OF PRODUCING THE ONE-CENT COIN. THE U-S MINT SAYS IT LOST MORE THAN 85-MILLION DOLLARS LAST YEAR ON NEARLY 3 BILLION PENNIES. EACH PENNY COST A LITTLE LESS THAN ...
USA Today1 个月
It takes nearly 4 cents to make a single penny. Here's why Trump wants them gone.
The familiar Abraham Lincoln penny cost about 3.7 cents to produce in fiscal year 2024, according to the U.S. Mint's annual report. A nickel cost about 13.8 cents to make. Pennies were among the ...