Money changes announced - WAOW - Newsline 9, Wausau News, Weather, Sports

Money changes announced


WAUSAU (WAOW)-  The look of some paper currency is about to change.

   However, the future of the penny remains up in the air.

  Treasury Secretary Jack Lew announced several changes Wednesday for the $10 and $20 bills.

  He said nothing about the penny.

  Federal officials say it costs nearly one-and-a-half cents to make the one-cent coin.

  The Wall Street Journal reports Lew  recommended to President Obama last year that the U-S should suspend production of the coin.

  It is unclear if the Treasury Department can halt penny production without congressional approval.

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