United States Mint for the production of Steel Pennies
May 6, 2008, the U. S. House of Representatives. Rep. Zachary Space [D-OH] on the understanding of the parties degrading United States, and his infamous bill, HR 5512: Coin Modernization and Taxpayer Savings Act of 2008. Www.c-spanarchives.org Transcript ------------------------------------------ -------------------- PENNIES: 97.5% zinc, copper 2.5%. Nickels: copper 75% 25% nickel www.chicagotribune.com The cost of producing a penny is now 1.7 cents - at a cost of about two cents to make one. Congressman Ron...
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