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 penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.
Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as change. And since the Covid-19 pandemic, more consumers are shopping online ...
On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...
The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...
Pennies cost more than 3 cents each to make, which has the little round Lincoln heads in the crosshairs of Elon Musk’s new ...
WASHINGTON - Elon Musk's Department of Government Efficiency (DOGE) is eyeing ways to slash government spending. One of its first targets could be the penny. DOGE, which officially became a part ...
The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023,' the official DOGE account wrote on X ...
It is. Elon Musk’s Department of Government Efficiency has a new target to cut down costs: the U.S. penny.DOGE said on X that the penny costs over 3 cents to make and cost U.S. taxpayers over $ ...
The U.S. penny, which has been in circulation since the late 18th century, is in the crosshairs of the department run by Tesla and SpaceX CEO Elon Musk. In a post on X on Tuesday, DOGE said ...