Saving Dollars By Dropping Pennies

Commentary by Bill Buchanan

Who else but the federal government would spend twice what a penny is worth just to make it in the first place? If that doesn’t make sense, wait a minute, it gets worse. Part of that high cost is due to the fact that we import the metals used for making the penny. Rather than using good old steel, or some other abundant metal from this country, that might actually create a few extra jobs, we import much of the copper and zinc used to make the coins. “We could save taxpayers an estimated $433 million over 10 years in

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