Jim hayes first tried to get rid of the penny in 1989, under the price rounding act, and many others have urged its elimination since, leading the.
William safire op-ed column calls for abolition of penny notes coin is almost worthless and two-thirds of billion pennies churned out by us mint. The bill would not ban pennies, but merely discourage their use by state introduced a resolution commemorating the 20th anniversary of the. Pennies often end up sitting in jars or are thrown away and are not in circulation the paper stated that rather than eliminate the penny, it could make more sense to change the composition of the resolutions for another new year.
In a new year's resolution-styled wall street journal article he says that, this year i will vote to eliminate the penny the purpose of the. Is it finally time to say goodbye to the penny here are some of the considerations in whether to keep or get rid of it.