According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.
Elon Musk’s Department of Government Efficiency has a new mission : getting rid of the penny. The Department of Government Efficiency, lead by Elon Musk, - who was appointed by Donald Trump to ...
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 taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...
Elon Musk’s Department of Government Efficiency ... The rising cost of metals, including zinc and copper, is part of the reason it’s getting more expensive to make the coin.Musk isn’t ...
Elon Musk’s Starlink network is winning Australian customers, but Communications Minister Michelle Rowland says NBN will ...
In a back-and-forth with Musk on X, Graham said that government isn't a company, but a system.