President Donald Trump has announced that he is directing the Treasury Department to stop minting pennies. "For far too long the United States has minted pennies which literally cost us more than ...
He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...
Colorado Gov. Jared Polis (D) on Monday backed President Trump’s direction to halt penny production, calling it a “great move.” On Sunday, Trump announced that he had requested that the ...
President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...
“Let’s rip the waste out of our great nations budget, even if it’s a penny at a time ... Americans for Common Cents’ Weller said. While gumball machines, parking meters, toll booths ...
Let’s rip the waste out of our great nations [sic] budget, even if it’s a penny at a time.” In the FOX interview before the Philadelphia Eagles whipped the Chiefs, Trump was asked by Fox ...
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(NEXSTAR) — In a move potentially foretold by the Department of Government Efficiency (DOGE), it seems the U.S. could be on the verge of ending penny production. President Donald Trump on Sunday ...
WASHINGTON, Feb 9 (Reuters) - U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his ...
LET’S RIP THE WASTE OUT OF OUR GREAT NATION’S BUDGET. EVEN IF IT’S A PENNY AT A TIME, THE U.S. MINT LOST $85.3 MILLION IN THEIR 2024 FISCAL YEAR, MAKING NEARLY 3.2 BILLION PENNIES.
COLUMBIA, S.C. (WIS) - With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention. The penny debate, which has ...