Elon Musk’s DOGE is coming for the penny
DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million in the 2023 fiscal year. “The Mint produced over 4.5 billion pennies in FY2023, around 40% of the 11.4 billion coins for circulation produced,” the post read in part.
Elon Musk’s DOGE setting its sights on the penny
The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.
Senior Treasury Official Quits After Clash With Elon Musk Over DOGE Access
The highest-ranking career Treasury official resigned after a fight with Elon Musk’s Department of Government Efficiency associates over access to sensitive payment systems. David A. Lebryk, who has served in nonpolitical roles at the Treasury Department since 1989,
Elon Musk’s DOGE Wants Access to the Treasury’s Payment Systems: Report
A senior Treasury official is set to resign after Musk’s allies at DOGE repeatedly demanded access to sensitive government payment systems
As Elon Musk Leads DOGE, This Tech Titan Streamlines A Breakout
Boosted by strong demand and company forays into health care and digital transformation of government, Amazon stock moves into buy range.
Elon Musk is sleeping in DOGE office in Washington: Report
Elon Musk reportedly chose to stay at the DOGE headquarters to avoid a more formal relationship with President Donald Trump.
Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
3 reasons why Elon Musk wants to get rid of the penny
Elon Musk's influence and outspoken nature have brought renewed attention to the debate over whether the penny still has a ...
A new penny-pinching tactic? Elon Musk's DOGE says getting rid of the penny could cut costs
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
DOGE takes aim at the penny
On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...
Musk's DOGE Goes After the Penny: 'Costs Over 3 Cents'
The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.
Elon Musk’s DOGE could pinch the US penny in government efficiency bid
The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...
Cowboy State Daily6d
Elon Musk’s DOGE Is Trying To Kill Pennies, And Wyoming Has Mixed Reactions With That
Pennies cost more than 3 cents each to make, which has the little round Lincoln heads in the crosshairs of Elon Musk’s new ...
justthenews9d
Elon Musk and DOGE could put U.S. penny on chopping block as they look to trim spending
The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023,' the official DOGE account wrote on X ...