The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

Phrases such as penny for your thoughts or stop being a penny-pincher may have to change — pun intended. President Trump said Sunday he told the U.S. Treasury Department to stop minting pennies.

Getting rid of the penny, which cost the government 3 cents each, could end up costing the Treasury Department money if it ...

Let's rip the waste out of our great nations budget, even if it's a penny at a time.” According to a 2024 U.S. Mint report, the one-cent coin costs more than 3.69 cents and has exceeded its ...

For the 2024 fiscal year, the annual U.S. Mint report said that it takes about 3.7 cents to produce and distribute one penny, a 20% increase from the previous year. The increase has been partly ...

For the 2024 fiscal year, the annual U.S. Mint report said that it takes about 3.7 cents to produce and distribute one penny ... Not So Brilliant,' Says Mark Cuban As Nearly $7 Million In Taxpayer ...

“Without the penny ... Mint would likely have to make more than that — probably in the range of 2 million to 2.5 million nickels a year if it stops making pennies permanently, said Mark ...

The penny was one of the first coins the U.S. Mint made shortly after its establishment ... Not everyone is on board with pinching the penny. Mark Weller, executive director of the pro-penny ...