29% Favor Phasing Out the Penny
Friday, January 17, 2014
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.)
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.