ABC74d
Getting rid of the penny could mean the need for more nickels, which costs even more money make
But there's a problem with his plan: Phasing out the penny could result in needing to make more nickels, and the US Treasury Department loses far more money on every nickel than it does on every ...
abc7NY4d
Getting rid of the penny could mean the need for more nickels, which costs even more money to make
But there's a problem with his plan: Phasing out the penny could result in needing to make more nickels, and the US Treasury Department loses far more money on every nickel than it does on every ...
The Hill4d
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations ... The average cost to make one penny rose to 3.69 cents in the ...
WUWM5d
Are pennies worth it? Trump's plan to scrap them didn't come out of nowhere
"For far too long the United States has minted pennies which literally cost us more than 2 cents," he wrote on Truth Social. "Let's rip the waste out of our ... 3 cents to make and cost American ...
Washington Examiner5d
Trump orders Treasury to stop ‘wasteful’ production of pennies
In a Truth Social post, Trump pointed out that the minting ... due to the materials used to make the coin, which is mostly made of zinc and is plated with copper. Penny production in 2023 fell ...