Episode Details
Back to EpisodesPennies Phase Out, States Round Cash Purchases
Description
Following the U.S. halt on penny production, states implement rounding guidelines, with symmetrical rounding gaining traction. A federal bill for nationwide rounding awaits approval, while state actions intensify. Consumers express mixed opinions, with lawmakers emphasizing fairness. The Treasury reports annual savings of fifty-six million dollars, but potential nickel production cost increases remain a concern.
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