Treasury Advances Trump’s Plan to Stop Minting the Penny
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Key Entities
- • U.S. Treasury Department: Oversees coinage and aims to reduce minting costs.
- • U.S. Mint: Expected to phase out penny production soon.
- • President Donald Trump: Advocates the penny’s discontinuation as a cost-cutting measure.
Bias Distribution
Multi-Perspective Analysis
Left-Leaning View
Focuses on possible regressive impact of rounding costs on low-income individuals.
Centrist View
Emphasizes straightforward cost savings for government.
Right-Leaning View
(No major coverage).
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