A new penny-pinching tactic? Elon Musk's DOGE says getting rid of the penny could cut costs
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
Elon Musk’s DOGE is coming for the penny
DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million in the 2023 fiscal year.
No more pennies? 1-cent coins may be on the chopping block, Trump’s DOGE hints
The days of the penny may be coming to an end. In a post on X, President Trump’s Department of Government Efficiency, DOGE, led by billionaire Elon Musk, took aim at the cost of minting the 1-cent ...
Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
DOGE Could Make Huge Change to Cash
The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments.
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There's a 25-Cent Coin In Circulation That's Worth Over $5 Million. Here's How to Recognize It
Every day, millions of coins and bills change hands across the United States, most of them holding only their face value.
Coin World2d
Week's Most Read: Production costs for U.S. coins
The latest report on costs associated with production at the U.S. Mint facilities didn't offer any surprises when showing ...
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DOGE wants to get rid of the penny, some say ‘hands off, it’s a slippery slope’
In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...
Elon Musk's DOGE Takes Aim At The US Penny Citing Soaring Production Costs
Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.