'Makes sense': GOP, Dems unite behind Trump's plan to fire the penny

Washington D.C. – Democratic and Republican lawmakers recovered statement astir President Donald Trump successful his determination to destruct the penny, telling Fox News Digital connected Capitol Hill that it "makes sense" to halt making cents.

Trump announced connected Sunday that helium was instructing the Treasury Department to halt producing caller pennies, penning successful a Truth Social station that it costs much than 2 cents to mint a azygous one-cent coin.

Fox News Digital asked members of Congress for their 2 cents astir Trump eliminating the coin, with lawmakers connected some sides of the aisle saying they hold with his decision. 

Rep. Jared Moskowitz, D-Fla., speaking to Fox News Digital, said eliminating the penny "might beryllium the best" happening Trump has done since taking office.

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"In each the things he's done successful his archetypal period successful office, that mightiness beryllium the best," Moskowitz told Fox. "We haven't printed the penny since 2023, truthful I'm bully with him eliminating it."

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Standing with Moskowitz was Rep. Jamie Raskin, D-Md. "I hold with eliminating the penny," helium said.

"It costs much to marque a penny than it's worth, truthful if that's what helium wants to do, that's fine," different Democrat, Rep. Ami Bera, D-Calif., said.

According to the U.S. Mint, the authorities bureau that makes coins, the Treasury Department mislaid much than $85 cardinal connected the pennies they produced successful 2024.

"If it takes 2 cents to marque 1 cent, it kinda makes sense, doesn't it?" Rep. Carlos Giménez, R-Fla., told Fox News Digital.

Rep. Juan Ciscomani, R-Ariz., said it "makes fiscal sense" fixed that the outgo to marque a penny is much than the coin is worth.

Rep. George Latimer, D-N.Y., said helium is talking to section businesses successful his communities, and volition enactment the way that champion accommodates them.

"I've talked to immoderate section businesses successful our assemblage to spot however that affects them. And the question would be, does it marque their beingness easier oregon much difficult?" Latimer said. "If they archer me, it's easier, past it's a bully decision. They archer maine it's much hard erstwhile they person to cipher income taxation and things that don't adjacent retired to zeros oregon fives, past it's not a bully idea."