Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...
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For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...
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"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on TRUTH Social.
President Donald Trump said he has instructed the US Treasury Secretary to stop minting new pennies, citing their high cost of production.