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A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head ...
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In a post on X, President Trump’s Department of Government Efficiency, DOGE, led by billionaire Elon Musk, took aim at the cost of minting the 1-cent coin, a price tag that’s increased 20% in the last ...
Now, it seems to have a new prey: the penny. In an X post on Tuesday, DOGE (which the Trump administration was immediately sued over on Inauguration Day), wrote that the penny costs more than ...
Other countries, such as Canada and Australia, have successfully eliminated their lowest denomination coins. The newly established Department of Government Efficiency (DOGE) may have a new 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.
Getting rid of the penny would be an early test of DOGE's influence: Could it help eliminate a piece of government inefficiency that has survived decades of reform attempts? On Tuesday ...