Trump Cancels Penny
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making penniesPBS
•Business
Business & Economics
Analysis: Trump announced he is getting rid of the penny. What are the consequences?
73% Informative
The U.S. Mint lost $85 million making pennies last year and $18 million minting nickels.
Critics see the penny as a shining example of government waste.
The good news, for those who dislike the penny, the coin is disappearing on its own.
Congress can modify this act anytime it wants and it has failed to eliminate the penny in the past.
Even if the U.S. stopped making pennies, they’d remain legal tender and people would still need them as change.
The government loses less than $10 million a month minting pennies.
If the penny has to go, let Congress do it the right way, Zagorsky says.
VR Score
72
Informative language
67
Neutral language
44
Article tone
semi-formal
Language
English
Language complexity
35
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
24
Source diversity
18
Affiliate links
no affiliate links