< img src = "/uploads/blogs/8c/eb/ib-fq3nillnc_16240df4.jpg" Alt = "Ilon Musk wants to get rid of coins in the United States: as they explain"/> ~ ~ < p > billionaire Ilon Musk has increasingly affected American policy. In particular, he offers to get rid of some coins.

< p >< strong > Ilon Musk wants to get rid of coins in the US 0 ~/p > < P > The US Government Efficiency Department, which was created in the new Donald Trump administration, announced its first initiatives. One of them concerns the manufacture of coins in the United States. About it informs 24 channel with reference to CNN.

< p > The department proposes to stop making coins with a face value of 1 centenance. These coins are also called “penny”. In the Department headed by Ilon Musk, which rejection of one -cent coins will help save taxes of taxpayers.

< P > It is known that the cost of minting one -center coins is 3.7 cents. Moreover, this growth rate is on a constant basis, as the metals that are needed to produce coins are more expensive. It is about copper and zinc. For understanding, in the 2023 fiscal year, coins of coins with a face value of 1 centen (4.5 billion Penny) were spent by < strong > & nbsp; 179 million dollars. 62 ~ < P class = "INSERT CKE-MARKUP" >< Strong > Interesting! & nbsp; nbsp; in the Ilon Mask Department add that Americans rarely use penny. Moreover, in the United States it was estimated that without penny every cash operation would take two seconds less than

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116