"Let's rip the waste out of our great nations budget, even if it's a penny at a time"
I mean, he's not wrong about the cost. Each penny costs 2.1 cents to make. We're literally losing money making money lol
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Actually, the loss is even worse when you factor in distribution and handling costs. I wrote a paper on this back in 2019 - several other countries have already eliminated their lowest denomination coins with minimal disruption.
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