The DOGE argument hinges on the amount it costs to produce and circulate the penny, which is more than three times the coin's face value. A penny's total unit cost last year was $0.0369 ...
Not having a penny to your name doesn’t have the sting it once did. At the Trump administration’s so-called Department of Government Efficiency, Elon Musk has revived the great penny debate ...
Producing pennies cost taxpayers more than it's worth, with each penny costing 3.7 cents to make in 2024. The rising cost of metals like zinc and copper contributed to the increased production cost.