Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” It’s not the first time politicians have mulled the reform of the one-cent coin. “Anytime we’re ...
WASHINGTON (AP) — President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United ...
It costs 3.69 cents to produce and distribute a single one-cent piece, up more than 20% year-over-year and 75% since 2021. During the 2024 fiscal year, officials at the U.S. Mint reported losing ...
(NEXSTAR) — Weeks after the Department of Government Efficiency (DOGE) set its sights on the penny, President Donald Trump called on the Treasury Department to stop minting new one-cent coins ...
"Could get a lollipop to suck while we were in the movie for one penny," Fowler Smith said. And to wash it down, Ruth Mathis said she would buy drinks that didn't break the bank. "Little plastic ...
Phrases such as penny for your thoughts or stop being a penny-pincher may have to change — pun intended. President Trump said Sunday he told the U.S. Treasury Department to stop minting pennies.
President Donald Trump is telling the Treasury Department to stop minting pennies, the iconic one-cent copper coin bearing the face of Abraham Lincoln. Shortly after departing Sunday's Super ...
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him. “For far too long, the United States has minted pennies which ...
For more than 140 years, Beales has been a familiar name on the high street, having opened its first store on Bournemouth's ...
President Trump said Sunday he would instruct the US Treasury to stop minting the one cent piece, which has long been a target for elimination among those aiming to lessen the amount of money ...
How much does it cost to make a penny? For fiscal year 2024, the annual U.S. Mint report said it takes about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.