Future of the Penny
A House Banking subcommittee examined the future of producing the penny. According to the General Accounting Office, the U.S. Mint has circu… read more
A House Banking subcommittee examined the future of producing the penny. According to the General Accounting Office, the U.S. Mint has circulated $2.88 billion worth of pennies in the economy, but only an estimated $1.32 billion worth are in use. Witnesses included John Baldwin from the GAO. close
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- John Baldwin Director General Accounting Office->Government Business Operations
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