Iraqi Dinar news for July 27th 2019:
There have been warnings that the Treasury Department could run out of money as early as this September.
So the house passed a two year deal on Thursday that increases our spending for military and domestic programs | Debit Limit Raised through July 31 2021.
Next week the Senate will act on the bill and send it to Trump for his signature.
Doing this removes the threat of the country defaulting on its bills, as far as main stream media is concerned.
But a perspective that people are concerned with is the payback plan. and people are concerned about all the interest we'll have to pay in the future. People are concerned about the long term picture of the country.
The government is expected to spend $4.4 Trillion this year.
Trump had to talk with many republicans and urge them to back the legislation.
The deal was supported by 219 democrats & 65 republics and denied by 16 democrats and 132 republicans.
Interest rates are easing interest rates around the world are coming down.
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