Eezyville@sh.itjust.works to

News@lemmy.worldEnglish · 1 day ago

Trump announces plan to stop making new pennies, citing production costs

www.usatoday.com

168

Trump announces plan to stop making new pennies, citing production costs

www.usatoday.com

Eezyville@sh.itjust.works to

News@lemmy.worldEnglish · 1 day ago

President Donald Trump announced he is directing the treasury secretary to stop the production of pennies as a cost-cutting measure.

Not gonna lie, I agree with this. Pennies are useless.

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9 hours ago
The boomer generation is getting old. There are more people drawing from SS than paying into it.

As a result, social security has been running a deficit since 2010

In 2023 social security made up 1.3T, or ~20% of our deficit.

According to a report last year, at this rate the social security fund will deplete in 2035

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