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"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Donald Trump wrote on Truth Social.

President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.

“Without the penny, the volume of nickels in circulation would have to rise to fill the gap in small-value transactions. Far from saving money, eliminating the penny shifts and amplifies the ...