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

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

According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.

Elon Musk's Department of Government Efficiency (DOGE) is eyeing ways to slash government spending. One of its first targets could be the penny. DOGE, which officially became a part of the government ...

Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.

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 that the ...

The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments. Although the report doesn't specifically address penny usage, it notes that ...

Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...

In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...

Meanwhile, Musk is gearing up to lead DOGE as the agency begins operations following Trump’s executive order. The multi-billionaire previously promised to cut $2 trillion from the federal government’s ...

BOSTON - Sen. Elizabeth Warren of Massachusetts has sent her "DOGE Plan" to Elon Musk. The billionaire Tesla owner is head of the Department of Government Efficiency, or DOGE, which is supposed to ...

The former Republican primary foe departs DOGE after his goal of trimming regulations was overtaken by Musk’s priority of ...