Lee, Merkley Bill Would Save Taxpayers Millions by Ending Penny Production
May 01, 2025
May 01, 2025
WASHINGTON, May 1 -- Sen. Mike Lee, R-Utah, issued the following news release:
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Lee, Merkley Bill Would Save Taxpayers Millions by Ending Penny Production
WASHINGTON - U.S. Senator Mike Lee (R-UT), along with Senator Jeff Merkley (D-OR), introduced the Make Sense Not Cents Act today to save taxpayers millions annually by ending production of the U.S. penny.
Because each penny currently costs nearly 4 cents to produce, ending their product . . .
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Lee, Merkley Bill Would Save Taxpayers Millions by Ending Penny Production
WASHINGTON - U.S. Senator Mike Lee (R-UT), along with Senator Jeff Merkley (D-OR), introduced the Make Sense Not Cents Act today to save taxpayers millions annually by ending production of the U.S. penny.
Because each penny currently costs nearly 4 cents to produce, ending their product . . .