The high cost of the President's ambitious second term agenda has already cut into your wallet. His plan's pricetag threatens to raise already rising deficits. That sent the dollar to within a fraction of a cent of its all time low against the Euro. One Euro was equal to $1.2867 when trading closed Thursday. The dollar fell against the Japanese yen and Canadian dollar, too.
Europe, Japan, and Canada are at the top of the list of America's biggest trading partners. The lower value of the dollar means your dollar buys you less. (WashPost)
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