Faith Salie offers her two cents on the end of the penny
Faith Salie offers her two cents on the end of the penny

The U.S. Treasury announced that, by early next year, it will cease making new pennies, which cost almost four times to make what they are actually worth. “Sunday Morning” contributor Faith Salie says that, while phasing out the one-cent coin might make sense, its loss is more than what we can calculate.
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Truth Analysis
Analysis Summary:
The article's claim about the U.S. Treasury ceasing penny production is partially supported by the provided sources, but the exact timeframe and the cost of producing pennies are not verifiable with the given information. The article presents a perspective on the emotional value of the penny, indicating a moderate level of bias.
Detailed Analysis:
- Claim:** The U.S. Treasury announced that, by early next year, it will cease making new pennies.
- Verification Source #2, #4: Support the claim that the U.S. Treasury announced it will cease making new pennies. The phrase "by early next year" is mentioned in Verification Source #2 and #4.
- Claim:** Pennies cost almost four times to make what they are actually worth.
- The provided sources do not explicitly state the exact cost of producing a penny. This claim is unverified by the provided sources.
- Claim:** Phasing out the one-cent coin might make sense, but its loss is more than what we can calculate.
- This is an opinion/perspective and cannot be factually verified. It suggests a sentimental value attached to the penny, indicating a potential bias.
Supporting Evidence/Contradictions:
- Verification Source #2 and #4: Both support the claim that the U.S. Treasury announced the cessation of penny production "by early next year."
- The exact cost of producing a penny is not covered by any of the provided sources.