Market Report: Discontinue the Cent
President Trump wants each U.S. department to cut five percent in costs. Everyone has an idea for cutting small amounts, but we have to think bigger to make a dent in a public debt that is $21 trillion and growing by about $1 trillion each year. When it comes to the U.S. Mint and Bureau of Engraving and Printing (BEP), I have made the most cost-effective suggestion many times over the last five years: Kill the penny!
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