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‘The penny is worth less than any other currency.’
–Treasury Secretary Henry Paulson when asked in an interview on WGN radio’s “Spike O’Dell Show” on Friday whether he thought the penny should be eliminated. Paulson agreed that it would make sense. However, he quickly added that he didn’t think it was “politically doable” to eliminate the one-cent coin and it wasn’t something he planned to tackle in the final year of the Bush administration.
