A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...
The savings from eliminating the cent might seem like small change, but every penny counts in dealing with the U.S. fiscal ...
The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...
Elon Musk's Department of Government Efficiency (DOGE) is eyeing ways to slash government spending. One of its first targets ...
On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...
According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
An employee with the School District of County faces multiple charges after thousands of dollars worth of copper was reportedly stolen at multiple schools, police said.
Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...