Cease production of the penny, let collectors gobble up what’s left of the 1 cent coin, and there will still be one eternally ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...

Shortly after departing Sunday's Super Bowl game in New Orleans, the president took to his Truth Social site and said that the penny now costs more than two cents to produce. It's one of the ...

Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” It’s not the first time politicians have mulled the reform of the one-cent coin. “Anytime we’re ...

How much does it cost to make a penny? For fiscal year 2024, the annual U.S. Mint report said it takes about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.