Here's an article about some comments the President made about the cent. http://money.msn.com/now/post.aspx?post=aa7fe084-d548-470a-b21c-324537bc41f0
They should drop the nickel and penny at the same time, neither are relevant anymore and cost considerably more to make than they are worth. I think they should add a $500 and $1,000 bill as well. They used to have $10,000 bills and that was back when $10,000 was a lot of money, probably similar to a few hundred thousand now in purchasing power.