Opinion
3 reasons why Elon Musk wants to get rid of the penny
Elon Musk's influence and outspoken nature have brought renewed attention to the debate over whether the penny still has a place in the modern economy.
Elon Musk’s DOGE is coming for the penny
DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million in the 2023 fiscal year. “The Mint produced over 4.5 billion pennies in FY2023, around 40% of the 11.4 billion coins for circulation produced,” the post read in part.
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.
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.
Elon Musk’s DOGE setting its sights on the 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.
Elon Musk’s DOGE could pinch the US penny in government efficiency bid
The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production in the United States — which is an affront to both efficiency and frugality.
We do not know what exactly Elon Musk is doing to the federal government
Americans don’t know the full extent of what Musk is doing as he embeds alongside President Donald Trump at the top of the federal government.
The humble penny meets a formidable match: Elon Musk
Thousands of people have tried to kill it, but every time it has survived. Why it matters: It now meets what might be its most formidable adversary yet, in the form of Elon Musk. Driving the news: A post from the official DOGE account on X makes clear what everybody who has studied the subject already knows — that pennies are,
Elon Musk May Have Your Social Security Number
The billionaire and his DOGE agents were reportedly granted full access to the Treasury’s federal payments system, and nobody knows to what end.
Elon Musk Spent $290 Million On 2024 Election
Elon Musk is now one of America’s top political mega-donors, having given President Donald Trump and other GOP candidates over $290 million in 2024, according to CNN. Not all of Musk’s donations to Trump were made before the election.
Musk's DOGE Goes After the Penny: 'Costs Over 3 Cents'
The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.
DOGE takes aim at the penny
On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...
Cowboy State Daily6d
Elon Musk’s DOGE Is Trying To Kill Pennies, And Wyoming Has Mixed Reactions With That
Pennies cost more than 3 cents each to make, which has the little round Lincoln heads in the crosshairs of Elon Musk’s new ...
justthenews9d
Elon Musk and DOGE could put U.S. penny on chopping block as they look to trim spending
The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023,' the official DOGE account wrote on X ...