No, we're not broke, we've just officially done away with the penny as of today.
Pennies are no longer being distributed as currency. Instead, merchants will "round up or round down" the price to the nearest nickel. Guess which way most will "round" off the prices to.
The penny is still accepted as legal tender for now, but will eventually be taken completely out of circulation. Better go empty those piggy-banks and cash in my fortunes now before it all becomes worthless.