This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

Retire the penny

Created by R.S. on April 24, 2016

The American Penny, a coin most people simply leave on the ground when dropped, has overstayed its welcome in both the wallets of the general populace and the U.S. Economy. The U.S. penny now costs roughly “1.7¢” to produce which means every penny minted (made into usable currency) by the U.S. Treasury is done so at an automatic loss.

Budget & Taxes
Urban Policy
Return to top