Trump Criticizes Penny Production
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new pennyKSNT 27 News
•US Politics
US Politics
The US could ditch the penny: What happened when Canada did it?
79% Informative
President Donald Trump called on the Treasury Department to stop minting new one-cent coins, calling them “wasteful” The most recent report from the U.S. Mint shows it costs roughly 3.69 cents to make one penny .
In 1857 , Congress discontinued the half-cent coin.
Canada parted ways with its penny in the early 2010s for the same reasons.
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