Elon Musk’s cost-cutting unit hasn’t yet made any announcements about what sort of suggestions it will make. That’s not to say there hasn’t already been plenty of drama surrounding the department. Co-chair Vivek Ramaswamy left DOGE before its official launch amid reports of tension with Musk,

Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as change. And since the Covid-19 pandemic, more consumers are shopping online or avoiding physical currency altogether .

The former Republican primary foe departs DOGE after his goal of trimming regulations was overtaken by Musk’s priority of cutting expenditures.

Bill Gates said the federal deficit "needs to be brought down" when asked about DOGE during a recent interview.

A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.