discontinue the use of the penny.

According to the U.S. Mint’s 2011 annual report the current cost to make a penny is 2.4 cents and with 5 billion pennies made in the United States in 2011 the United States spent almost 120 million dollars to make 50 million dollars of current circulating currency. During the economic struggles we are currently under the government's goal is to save as much money as possible but how would that be possible if we are wasting 70 million dollars on pocket change? As Thomas Jefferson said don't spend your money unless you already have it.