Obama stesses stimulus urgency

January 30, 2009 8:58:13 AM PST
President Barack Obama is calling the economic slump a "continuing disaster" for America's families. Obama pointed to the latest dreary economic numbers - showing that the economy shrank at a pace of 3.8 percent in the final three months of last year - as more proof that quick action is warranted on an economic recovery plan.

He said Friday he's pleased that the House has acted with the appropriate urgency in approving a plan this week. And he said he hopes to "strengthen it further in the Senate" - where he's hoping to get some Republican votes. No Republicans voted for the plan in the House.

Obama told a White House gathering that the government can't drag its feet or delay action much longer.


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