{
Deron Williams

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001122334455554433221100

musk targets us penny as production costs continue to rise

Elon Musk's Department of Government Efficiency is targeting the US penny, which costs over 3 cents to produce, leading to a $179 million expense for taxpayers in fiscal year 2023. The rising costs of metals and decreased circulation have fueled calls for its elimination, with experts suggesting that abolishing the penny could enhance efficiency in cash transactions.
CNN
USA Clare Duffy Elon Musk Deron Williams Vivek Ramaswamy Donald Trump Show more
Politics & Governance, News Article
12:30 24.01.2025
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Donald Trump Elon Musk Susan P. Crawford Brad Schimel Sergio Ermotti Warren Buffett Karoline Leavitt JD Vance Andrea Orcel Jennifer Piepszak Robin Leopold Dan Ives Joe Biden Mark Haefele Ursula von der Leyen Mike Waltzer Kamala Harris Matt Gaetz Valentina Za Scott Bessent

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