Elon Musk's DOGE has a new cost-cutting target

Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
Musk's DOGE Goes After the Penny: 'Costs Over 3 Cents'
The Department of Government Efficiency (DOGE), noted that it cost the United States' 3 cents to make a penny.
Elon Musk’s DOGE could pinch the US penny in government efficiency bid
Two cents can’t even get you a penny. President Trump’s newly minted Department of Government Efficiency has a shiny new target for its cost-cutting mandate — the United States penny which now costs over three cents to manufacture.
Neither Social Security nor IRS: all Americans have it in their pocket and it is the next target of Elon Musk’s DOGE
Elon Musk’s Department of Government Efficiency (DOGE) has identified a new priority in its quest to slash federal spending: the humble American penny. In a post on X this Tuesday, DOGE noted that the United States spends roughly three cents to mint each penny—even though its face value is, of course, just one cent.
Elon Musk's DOGE Takes Aim At The US Penny Citing Soaring Production Costs
Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.
DOGE officially announced. How the Elon Musk-led department will work
DOGE builds on the United States Digital Service, now rebranded as the U.S. DOGE Service. According to Trump's executive order, the newly rebranded department will cut red tape and streamline government IT systems. Per the EO, DOGE has roughly 18 months (July 4, 2026) to achieve the administration's goal.
Disagreements with Elon Musk prompted Ramaswamy’s ‘DOGE’ exit
A deep philosophical rift between the two billionaire leaders of the “Department of Government Efficiency” left Musk alone at its top, which could give him more power than envisioned
Elon Musk's DOGE takes on the US penny, highlights how it costs thrice its value to make
The US penny costs over three cents to make, despite it denominating only one cent, costing taxpayers over $179 million in 2023
DOGE takes aim at the penny
On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...
How DOGE’s Efforts May Be Unlucky for the U.S. Penny
A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add pennies to its federal cost-cutting hit list.
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DOGE wants to get rid of the penny, some say ‘hands off, it’s a slippery slope’
In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...
Trump, Musk’s DOGE looking to stop minting of this coin
Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...
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Will Musk-Dominated DOGE Go Big or Small?
With Ramaswamy gone, Musk’s DOGE will be inside the White House. The size of its ambitions for remaking the federal ...
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Dogecoin Dumps as Elon Musk's DOGE Agency Website Removes Meme Imagery
Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme ...
Vivek Ramaswamy’s rant about America prizing ‘mediocrity over excellence’ reportedly upset Trump and factored into his exit from Elon Musk’s DOGE
Elon Musk’s co-head of the Department of Government Efficiency Vivek Ramaswamy stepped down from his position after ...