A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

The savings from eliminating the cent might seem like small change, but every penny counts in dealing with the U.S. fiscal ...

Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as change. And since the Covid-19 pandemic, more consumers are shopping online ...

On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...

Pennies cost more than 3 cents each to make, which has the little round Lincoln heads in the crosshairs of Elon Musk’s new ...

The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.

Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...

The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...

The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments.

President Donald Trump has charged Elon Musk and his Department of Government Efficiency with slashing large portions of the ...

The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023,' the official DOGE account wrote on X ...