One Cent Penny - Search News

Elon Musk’s DOGE is coming for penny

CBS News on MSN · 1d

Elon Musk's DOGE has a new cost-cutting target: 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.

Hosted on MSN · 18h

Elon Musk takes on his biggest challenge yet: Getting rid of the penny

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

CNN on MSN · 3h

Elon Musk’s DOGE is coming for the penny

Elon Musk’s Department of Government Efficiency has a new target to cut down costs: the US 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.

Fox Business on MSN · 18h

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.

Hindustan Times on MSN · 1d

Elon Musk's DOGE takes on the US penny, highlights how it costs thrice its value to make

The US penny costs over three cents to make, despite it denominating only one cent, costing taxpayers over $179 million in 2023

International Business Times · 1d

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.

You might have a penny worth $1 million or more. Here’s what to look for

Earlier this month, PennLive shared there are quarters floating around out there that could be worth up to $10,000, and those ...

21h

How DOGE’s Efforts May Be Unlucky for the U.S. Penny

A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add pennies to its federal cost-cutting hit list.

1don MSN

This penny from 1983 could be worth $7,000

The U.S. minted about 7.7 billion pennies in 1983 but only about 5,000 of them have the doubling error. The mistakes and the rarity is what drives the price up, with some of the coins, known among ...

These 5 coins from the 1960s are worth thousands of dollars: how to know if you have one

There are several coins on the market that can be worth hundreds or thousands of dollars if they meet certain characteristics ...

Trump, Musk’s DOGE looking to stop minting of this coin

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 ...

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