Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
"The penny costs over 3 cents to make and cost U.S. taxpayers over $179 million in FY2023," DOGE wrote. "The Mint produced over 4.5 billion pennies in FY2023, around 40% of the 11.4 billion coins ...
Elon Musk's DOGE takes on the US penny, highlights how it costs …
11 hours ago · The US penny costs over three cents to make, despite it denominating only one cent, costing taxpayers over $179 million in 2023 Elon Musk's Department of Government Efficiency (DOGE) created to ...
Elon Musk's DOGE Takes Aim At The US Penny Citing Soaring …
13 hours ago · The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023. The Mint produced over 4.5 billion pennies in FY2023, around 40% of the 11.4 billion coins for circulation ...
Elon Musk’s DOGE has a new cost-cutting target: the U.S. penny
1 day ago · Billionaire Elon Musk’s Department of Government Efficiency has a new target in its sights for trimming federal spending: the U.S. penny. In Tuesday X post, Musk’s DOGE wrote that the U.S. spends about 3 cents to mint each penny, which, of course, is only valued at 1 cent. “The penny costs over 3 cents to make and cost U.S. taxpayers …
Musk's DOGE Goes After the Penny: 'Costs Over 3 Cents'
1 day ago · The Department of Government Efficiency (DOGE), led by Elon Musk, is questioning the penny costing 3 cents to make.. DOGE's role in the Trump administration is to reduce wasteful spending and ...
DOGE takes aim at the penny - Business Insider
1 day ago · Elon Musk's Department of Government Efficiency is targeting one of the federal government's most notorious examples of waste: the penny. Getting rid of the penny would be an early test of DOGE's ...
Elon Musk's DOGE could pinch the US penny in government …
16 hours ago · 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 ...
Neither Social Security nor IRS: all Americans have it in ... - AS USA
4 hours ago · 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 ...
DOGE Could Make Huge Change to Cash - Newsweek
12 hours ago · "The penny costs over 3 cents to make and cost U.S. taxpayers over $179 million in FY2023," DOGE wrote on X. U.S. World; ... DOGE, which is headed up by Elon Musk, ...
Why does America still use the penny? | Fortune
Nov 27, 2024 · Ernst, who will lead the Senate Republicans’ newly formed DOGE caucus, sent a letter to Musk and the other leader of the unofficial body, Vivek Ramaswamy. The letter called out pennies as one...
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