The U.S. Treasury announced it will phase out the penny, putting a stop to adding one-cent coins into circulation, the department said in a statement Thursday.
With the final order of penny blanks ordered earlier this month, the U.S. Mint will continue to manufacture pennies until the inventory of penny blanks is depleted. This decision is expected to save the government approximately $56 million annually.
May 23rd, 2025, 09:04 pm
Highlights - The Gee Scott & Ursula Reutin Show
Gee, Ursula debate over the death of the penny
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Published May 23rd, 2025, 09:04 pm
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The U.S. Treasury announced it will phase out the penny, putting a stop to adding one-cent coins into circulation, the department said in a statement Thursday.
With the final order of penny blanks ordered earlier this month, the U.S. Mint will continue to manufacture pennies until the inventory of penny blanks is depleted. This decision is expected to save the government approximately $56 million annually.
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Highlights - The Gee Scott & Ursula Reutin Show
The perfect antidote for polarizing times. Gee Scott and Ursula Reutin connect and build up the Northwest community with their signature mix of stories and perspectives.
