Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...
In an X post on Tuesday, DOGE (which the Trump administration was immediately sued over on Inauguration Day), wrote that the ...
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...
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 coin, a price tag that’s increased 20% in the last ...
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add ...
The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments.
The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.