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Is the U.S. Penny on Its Last Cent? Elon Musk’s DOGE Aims to Cut Costs

Elon Musk addresses attendees at an indoor Presidential Inauguration parade event in Washington on Monday, Jan. 20, 2025. Photo: AP Photo/Matt Rourke

The U.S. Penny Might Be on the Chopping Block—Here’s WhyThe days of the U.S. penny may be numbered, as the newly established Department of Government Efficiency (DOGE), led by Elon Musk, has flagged the coin’s rising production costs as a financial drain. The agency’s recent statement highlights an inconvenient truth: it now costs more than […]

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