Is Eliminating The Penny Equitable? Its Cost Taxpayers $250,000,000 Over The Past Two Years.
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
Trump says the penny costs too much, orders Treasury to stop making them
U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...
How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...
Donald Trump’s penny proposal would eliminate 1 in 2 coins minted in the U.S.—but ...
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
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Getting rid of the penny could mean the need for more nickels, which costs even more money ...
Getting rid of the penny, which cost the government 3 cents each, could end up costing the Treasury Department money if it ...
Trump orders Treasury to stop minting pennies: How much does it cost to mint a penny?
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
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How much does it cost to make a penny, and are we ‘losing’ money on other coins?
President Donald Trump on Sunday said that he had asked the Treasury Department to stop minting new pennies, calling them ...
Why Small Businesses May Absorb the Costs of Ending the Penny More Than Others
A production halt to the smallest-denominated coin is among Trump's many recent executive orders. How will businesses be affected by a decision to stop making cents?
It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they ...