Elon Musk’s Department of Government Efficiency has a new target to cut down costs: the US penny. DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million ...

One of its first targets could be the penny. DOGE, which officially became a part of the government on Tuesday after President Donald Trump signed an executive order, posted on X that producing ...

Billionaire Elon Musk's Department of Government Efficiency has a new target in its sights for trimming federal spending: the U.S. penny. In Tuesday X post, Musk's DOGE wrote that the U.S. spends ...

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Getty Images The penny has cost more to produce than it is worth for years, according to economists who have long called for the U.S. to stop manufacturing it. Handling pennies is also not worth ...

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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 ...