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Why does the US government still make pennies?

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A debate exists within the United States government, and American society at large, over whether the one-cent coin, commonly called the penny, should be eliminated as a unit of currency in the United States. Several bills introduced in the US Congress would have ceased production of pennies, but none has been approved. Such bill would leave the nickel, at five cents, as the lowest-value coin in the United States. read more

Any government is editor and owner of the country's currency, and as such is responsible for. So, currency's users must be able to give the change to any amount; but, as a result, coin's manufacturing is often a cost in excess of the face value. read more

Representative Jim Kolbe of Arizona has twice introduced bills in Congress to eliminate the penny, and in February 2014, President Barack Obama argued during a YouTube chat that pennies were obsolete and a symbol of U.S. government waste. read more

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