US Treasury Unveils Plan To Kill the Penny

An anonymous reader writes: The US Treasury is phasing out production of the penny and will stop putting new one-cent coins into circulation. The US Treasury has made its final order of penny blanks this month, and the mint will continue to manufacture pennies as long as its supply of penny blanks exist. President Donald Trump stated that production of pennies are wasteful, as the coins cost more to produce than their one-cent value.

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