Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
9hon MSN
Cease production of the penny, let collector’s gobble up what's left of the 1 cent coin, and there will still be one ...
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 has ordered the end of the penny.
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