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States Round Up to Nickel as US Pennies Phase Out

States Round Up to Nickel as US Pennies Phase Out

Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 12, 20261m 59s

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Show Notes

As the U.S. phases out pennies, states implement rounding rules for cash purchases, with the Treasury advocating for symmetrical rounding. Federal and state bills are pending, while consumers express mixed reactions. The Treasury estimates rounding could save $56 million annually, but states take the lead in addressing this cash conundrum.

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