President Donald Trump has found an ally in the Senate — at least on his plan to stop creating new pennies.
Data from the U.S. Treasury shows it costs nearly 4 cents to produce a single penny.
Trump Plan to Ditch the Penny Comes With Twist: It May Not Save Much
The announcement, which Trump made on his Truth Social platform, has stirred up a decades-long debate about the utility and cost of the copper-colored one-cent coin.