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WIBC 9AM-Noon Podcast

U.S. Mint ends production of the penny

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 13 November 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey, J.V. from my friends at LD. Smith Plumbing. If you've ever dealt with a flooded basement,

0:04.6

you know it's more than a mess. It's an insurance nightmare. A sump pump can save you big time.

0:10.9

Now through the end of the month, Lance and his team are taking $850 off sump pump systems,

0:17.6

and it's way cheaper than water damage.

0:23.7

Don't wait for the next downpour to find out you need one.

0:29.6

Call 317-927-7-186 or visit L.D. Smithplumbing.com today.

0:31.8

So it's the end of the penny.

0:34.1

No more penny for your thoughts.

0:37.0

I see what you did there.

0:37.3

Yeah. So, I mean, there will still be a penny. It what you did there. Yeah.

0:39.7

So, I mean, there will still be a penny.

0:41.4

It's still in circulation.

0:44.0

But there's no, they're not making any more pennies. Correct.

0:44.8

First introduced in 1793.

0:47.7

It's been part of the U.S. currency for over 230 years.

0:52.3

And they decided it was too expensive to make the one cent.

0:55.9

Right, because what?

0:56.4

It was like four or five cents to make every penny.

1:00.5

Is that right?

1:01.1

Yeah, Donald Trump said it was economically unsustainable.

1:05.0

He ordered the discontinuation of it and it will save the U.S. Treasury around $56 million annually.

1:11.5

Yeah, that probably makes a lot of sense, right?

...

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