Trump's Big Penny Plan: What Does He Want to Do With the Penny?

America's president has decided to shake things up, implementing a major change to the country's currency system. The Treasury Department is now told to stop producing pennies. Donald Trump claims that the cost of making pennies is way more than what they are actually worth. Pennies will not be made anymore. It could be that Trump decided it would be a good idea for the logistics of the country. If you know how long it takes you to wait for a delayed cash register, Trump feels the same way. In the past two years the making of pennies has definitely hit the red, costing nearly 3 times more than their value! The mint department reported that dollars are being lost producing pennies.

The Trump Administration is also looking at ending the nickel, which incurs even higher production costs. Transportation and food costs are much higher compared to the pence. Now here is the thing, the power to make a decision is in the hands of the legislators of congress. But who knows Trump and his team have a lot of power but the U. S. government definitely worries about their money. Trump felt obliged to unveil his plan to their website after he watched the Super Bowl If the penny goes away, it would have a similar effect. There was a time the U. S used these tiny coins in its currency, but the legislation was abandoned in 1857. Trump's team sets a target of 2 trillion dollars savings! This is the plan of cutting the costs of the factories and workforces.

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