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House unanimously votes to eliminate one-cent coin permanently
The measure would save an estimated $56 million a year and let cash purchases be rounded to the nearest five cents.
- On Monday, the House unanimously passed the bipartisan Common Cents Act to permanently stop Mint penny production except for collector pieces, ending the one-cent coin after 232 years.
- Production costs for the penny have risen dramatically to more than three times their face value as of 2025, creating financial inefficiency that prompted this legislative modernization effort.
- The legislation requires cash purchases be rounded to the nearest five cents, with cash wages rounded up, while permitting the Treasury to produce nickels from cheaper materials.
- If President Donald Trump signs the bill, the production halt becomes permanent law; existing pennies remain legal tender, and the Treasury estimated an immediate annual savings of $56 million.
- Spearheaded by House GOP Conference Chair Lisa McClain, R-Mich., and Rep. Robert Garcia, D-Calif., the bipartisan measure secured unanimous support, building on earlier efforts to end one-cent production.
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Elon Musk's DOGE team spent months getting mocked for hunting pocket change instead of real government waste. On Monday, the full House proved DOGE right about one wasteful expense that had been hiding in plain sight for over two centuries. Every single member of Congress just admitted Washington has been setting money on fire one […]
House Votes Unanimously to Eliminate the Penny for Good
The House passed the Common Cents Act without a single dissenting vote, permanently ending penny production and setting up a national rounding framework for cash transactions, a rare bipartisan move that now heads to President Trump's desk. The legislation, led by House GOP Conference Chair Lisa McClain of Michigan and Rep. Robert Garcia of California, […]
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Total News Sources12
Leaning Left0Leaning Right8Center1Last UpdatedBias Distribution89% Right
Bias Distribution
- 89% of the sources lean Right
89% Right
11%
R 89%
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