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Should we get rid of the penny? Your Stories Question

Question: Is it time for the U.S. to get to rid of the penny?
Syracuse (WSYR-TV) – Question: Is it time for the U.S. to get to rid of the penny?

Answer: According to Bloomberg, pennies – as well as nickels – have cost more than double since 2006.

That has cost American taxpayers at least $436 million.

President Barack Obama has said recently that re-evaluating production of the penny would not be a huge savings for the government, but it’s worth looking at since America is spending money on something it doesn’t really use.

If you have a question for the Your Stories team, call (315) 446-9900 or email YourStories@9wsyr.com.

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