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President Trump wants each U.S. department to cut five percent in costs. Everyone has an idea for cutting small amounts, but we have to think bigger to make a dent in a public debt that is $21 trillion and growing by about $1 trillion each year. When it comes to the U.S. Mint and Bureau of Engraving and Printing (BEP), I have made the most cost-effective suggestion many times over the last five years: Kill the penny!
By David Schwager Every time a Canadian coin appears in your pocket change, you are reminded that Canada bases its money on an American model. For...