Ending production of the 1-cent coin will save the government money and could streamline big retailers’ operations. But it could also pinch small businesses and cash-reliant consumers.
Articles on Penny
Displaying all articles
Yes, the government makes pennies at a loss. But just stopping production could create new problems.
Air travelers left nearly $1 million behind at TSA checkpoints in 2023.
It may cost more to make a penny than a penny’s worth, but a penny saved may be more than a penny earned.
