Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...

The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.

The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.

The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...

According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.

Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.

Elon Musk’s Department of Government Efficiency (DOGE) has identified a new priority in its quest to slash federal spending: the humble American penny. In a post on X this Tuesday, DOGE noted that the ...

Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...

In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...

Donald Trump is expected to use his inauguration to sign dozens of orders covering immigration, climate, and more.