Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
DOGE may target the penny: Why do we still have it anyway?
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...
A new penny-pinching tactic? Elon Musk's DOGE says getting rid of the penny could cut costs
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
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No more pennies? 1-cent coins may be on the chopping block, Trump’s DOGE hints
In a post on X, President Trump’s Department of Government Efficiency, DOGE, led by billionaire Elon Musk, took aim at the cost of minting the 1-cent coin, a price tag that’s increased 20% in ...
Penny pinching: Elon Musk looks at the cent to cut costs
P resident Donald Trump has charged Elon Musk and his Department of Government Efficiency (DOGE) with slashing large portions of the federal budget, and one idea Musk has proposed ...
Could Trump get rid of the penny?
Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government ...
Elon Musk takes on his biggest challenge yet: Getting rid of the penny
According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.