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Treasury Department set to phase out the penny

CBS News
Summary
Nutrition label

75% Informative

The penny was one of the first coins minted by the U.S. government in 1792 .

The penny now costs more to manufacture than the coin is worth.

Ending production of the penny will save the Mint about $56 million in annual savings, the Treasury said on Thursday .

VR Score

74

Informative language

69

Neutral language

69

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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