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 official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...
The US penny costs over three cents to make, despite it denominating only one cent, costing taxpayers over $179 million in ...
Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.
The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments. Although the report doesn't specifically address penny usage, it notes that ...
President Biden in 2022 announced Admiral Linda Fagan as the new commandant of the U.S. Coast Guard making her the first ...
Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply ...
The Wall Street Journal reports that Trump is ready to bypass Congress with orders on the border, tariffs, and other agenda ...
Like his predecessors, Trump did little on his first Inauguration Day. Eight years later, Trump has promised a Day One full ...