Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.
DOGE may target the penny: Why do we still have it anyway?
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...
Why the penny could hold the key to saving US taxpayers over $170M
Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...
Is the penny going away?
Is it time to get rid of the penny? A 2022 survey found that 58% of Americans believe that the government should stop making ...
Fact Check Team: Elon Musk's department suggests cutting penny production to save costs
The newly formed Department of Government Efficiency, led by Elon Musk, is proposing a reduction in penny production as a ...
Donald Trump could make the penny go away forever. Here’s why
Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — with Elon Musk leading the way. The purpose of DOGE is, supposedly, to cut ...
A new penny-pinching tactic? Elon Musk's DOGE says getting rid of the penny could cut costs
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
Elon Musk’s DOGE is coming for the penny
Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...