Penny’s Last Stand in Congress | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews The penny’s days are numbered as the U.S. House votes to officially kill its production — a move that could save taxpayers billions, since it costs nearly four cents to make each one. But don’t expect the coin to vanish overnight: existing pennies will keep circulating, and rounding cash transactions to the nearest nickel could hit low-income shoppers hardest. The bill still needs Senate approval, but the end of the one-cent coin is almost certain. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bc02448bd62cb354