President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.
President Trump ordered the Treasury Department to stop making new pennies because the government loses money on them, he ...
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering ...
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