President Trump Considering Getting Rid Of The Penny

President Trump is thinking about getting rid of the penny. According to Elon Musk’s Department of Government Efficiency, it costs over 3 cents to make a single penny, which cost taxpayers $179 million last year.

The U.S. Mint made 4.5 billion pennies in 2023, but production has been going down every year. Other countries, like Canada, stopped making their one-cent coins years ago to save money.