As Elon Musk prepares to launch the new Department of Government Efficiency, government watchdog groups are concerned about its purported scope and level of transparency.
Sen. Elizabeth Warren (D-Mass.) sent tech billionaire Elon Musk 30 ideas for how the newly-formed Department of Government Efficiency (DOGE) could cut government spending. Warren’s ...
Elizabeth Warren of Massachusetts has sent her "DOGE Plan" to Elon Musk. The billionaire Tesla owner is head of the Department of Government Efficiency, or DOGE, which is supposed to trim federal ...
The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.
According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.
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 ...
Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government Efficiency, which is not actually a federal agency, but more of a small ...
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 ...
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 […] ...
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 ...
Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.
Two cents can’t even get you a penny. President Trump’s newly minted Department of Government Efficiency has a shiny new target for its cost-cutting mandate — the United States penny which now costs ...