The penny design included 'Liberty,' a 'Flying Eagle' and an 'Indian Head' The penny was originally made of pure copper and now made of a copper-coated zinc composition With rising production ...
he said in a post on his Truth Social platform. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” Trump actually undersold the cost argument ...
He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...
Shortly after departing Sunday's Super Bowl game in New Orleans, the president took to his Truth Social site and said that the penny now costs more than two cents to produce. It's one of the ...
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 ...
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President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...
(NEXSTAR) — In a move potentially foretold by the Department of Government Efficiency (DOGE), it seems the U.S. could be on the verge of ending penny production. President Donald Trump on Sunday ...
The penny, one of the first coins made by the U.S. Mint after its establishment in 1792, now costs more than two cents to produce, Trump said in a post on his Truth Social site shortly after ...
On the flip side, the group Americans for Common Cents says getting rid of the penny would actually cost the government more money, because there’d be more demand for nickels, and those are even ...