The government spends 1.8 cents to make one penny and 9 cents to produce a nickel. Because metal prices have shot up lately, the cost to make these two coins is more than what they are worth as coins. This costs us an additional $100 million a year.
The government is loosening up its rules for what metals can be used to used to make coins. Using cheaper metal should help bring the cost of making one penny closer to one penny. Seems we should have respected the old axiom of 'take care of your pennies and the dollars will take care of themselves'. Now we spend trillions of dollars and the pennies do not take care of themselves. Maybe we should change the politicians instead of changing the metals.