29% Favor Phasing Out the Penny
The U.S. Mint reports it costs 2.41 cents to produce one penny, but support for getting rid of the coin is at an all-time low.
A new Rasmussen Reports national telephone survey finds that just 29% favor a proposal to stop making pennies in the United States. Fifty percent (50%) oppose such a proposal, but 21% more are undecided. (To see survey question wording, click here.)
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The survey of 1,000 Adults was conducted on January 12-13, 2014 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC.
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