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DOGE, Elon Musk

CBS News on MSN · 1d

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.

International Business Times · 23h

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.

as.com · 1h

Neither Social Security nor IRS: all Americans have it in their pocket and it is the next target of Elon Musk’s DOGE

Elon Musk’s Department of Government Efficiency (DOGE) has identified a new priority in its quest to slash federal spending: the humble American penny. In a post on X this Tuesday, DOGE noted that the United States spends roughly three cents to mint each penny—even though its face value is, of course, just one cent.

Benzinga.com · 12h

Elon Musk's DOGE Takes Aim At The US Penny Citing Soaring Production Costs

Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.

Hindustan Times on MSN · 8h

Elon Musk's DOGE takes on the US penny, highlights how it costs thrice its value to make

The US penny costs over three cents to make, despite it denominating only one cent, costing taxpayers over $179 million in 2023

19hon MSN

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 ...

29m

How DOGE’s Efforts May Be Unlucky for the U.S. Penny

A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add pennies to its federal cost-cutting hit list.

Trump, Musk’s DOGE looking to stop minting of this coin

Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...

BizPac Review5h

DOGE wants to get rid of the penny, some say ‘hands off, it’s a slippery slope’

In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...

9hon MSN

DOGE Could Make Huge Change to Cash

The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments. Although the report doesn't specifically address penny usage, it notes that ...

8hon MSN

Inside the Elon Musk, Vivek Ramaswamy DOGE Divorce

The former Republican primary foe departs DOGE after his goal of trimming regulations was overtaken by Musk’s priority of ...

Business Insider23h

DOGE tracker: A running list of what Elon Musk's 'Department of Government Efficiency' is doing

Elon Musk's Department of Government Efficiency is now a reality. President Donald Trump formally created DOGE via executive order on January 20, one of the first he signed after returning to ...

CBS News14d

Elon Musk's DOGE says it is hiring. Here are the jobs it's looking to fill.

The Department of Government Efficiency, or DOGE, headed by billionaires Elon Musk and Vivek Ramaswamy, says it is hiring "a very small number" of full-time, salaried positions. The solicitation ...

decrypt1d

Dogecoin Dumps as Elon Musk's DOGE Agency Website Removes Meme Imagery

Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme ...

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