Trump's plan to ditch the penny comes with a twist, it may not save much

Q: How long will it take to read this news story?

The story "Trump&#039;s plan to ditch the penny comes with a twist, it may not save much" has 530 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Trump&#039;s plan to ditch the penny comes with a twist, it may not save much" was covered 16 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 357 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26064994</li><li>URL: https://chronographically.beamstart.com/news/trumps-plan-to-ditch-the-17392452003677</li></ul>

Business Standard Logo Business Standard 16h ago

Trump's plan to ditch the penny comes with a twist, it may not save much - Business Standard

Quick Summary:

The government warned, however, that if Americans returned all of their unused pennies — a number that now may exceed 200 billion — they could overwhelm storage facilities, and that could cost, well, a lot of pennies.

Weller argued more people would use nickels, which cost nearly 14 cents a piece to make, helping to negate any savings.

It’s not clear yet if lawmakers will push back on Trump’s penny move, which could affect jobs in Tennessee, North Carolina, Denver and Philadelphia.