Simply stop minting the penny. It wouldn't be missed and the government would save vast amounts in acquisition, labor, distribution, and mgt costs.
Department of the Treasury
Showing 4 ideas for tag "dollar"
It is expensive to maintain paper money, it wears out quickly and coins last longer. I have heard the excuse that the American people don't want dollar coins - well, too bad. If the paper dollar is stopped printing, then the American people would adjust and move forward. Every other country around the world has done it and there has not been any civil wars that I am aware of over changing a bill to a coin. It is a fact... more »