The U.S. penny will soon be a relic of the past, as the U.S. Mint has stopped producing the one-cent coin. The Trump administration says it costs nearly four cents to produce a single one-cent coin, and that's why they're halting production. Watch News 12 and check our Stories for more on today's Taxing Long Island. . . . #News12 #LongIsland #pennies #consumer #business #TaxingLongIsland