Washington, United States:
US President Donald Trump said on Sunday he asked the Treasury to stop production of Penny coins, present it as an attempt to cut government spending. “So far, the United States has mined penis for a very long time, which really spends us more than 2 cents. It’s very useless!” Trump wrote on his true social stage.
He said, “I have instructed my secretary of the American Treasury to stop production of new penny. Let’s rip the waste from the budget of our great nations, even if it is a penny at a time,” he said.
The initiative to cut a cost under the leadership of the so-called Department-ABP Alone Musk of the government’s efficiency that has helped in federal expenses-highlighted the cost of production of penis in a post on X in January.
The debate about the production cost of Penny in the United States is not new, the Congress has introduced several bills that have failed to pass.
Trump’s order will probably require MPs’ approval, but Treasury Secretary Scott Besant may only be able to prevent the mint of new penis, Northeastar University’s Economics Professor Robert Trest wrote in January.
Trist said that if Penny is removed, prices would be scored to the nearest five cents.
Canada announced in 2012 that it was finishing penis from its coin system, cited as 1.6 cents production costs and its falling purchasing power due to inflation.
Trump has made the federal budget a major part of his new administration, in which Musk’s Dogi team has been tasked to check the government expenditure.
However, the validity of some efforts of the administration – including slashing the American agency for the headcount of international development – is challenged in court by Democrats and Labor Unions.
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)
