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Obama calls for quick action on stimulus

January 26, 2009 8:02:08 AM PST
President Barack Obama says the nation can't afford "distractions" or "delays" when it comes to the economic stimulus plan working its way through Congress. Obama pointed to job cuts taking place at companies including Microsoft, Intel, United Airlines and Home Depot. And he said it means more working men and women "whose families have been disrupted and whose dreams have been put on hold."

Obama told reporters Monday the government owes it to "every American" to act with a "sense of urgency" and "common purpose."

Senate committees are scheduled to take up the massive economic stimulus package Tuesday and the full House is expected to vote on its version of the $825 billion plan Wednesday. Republicans want the recovery package tilted more toward tax cuts.

Obama said these "extraordinary times" call for "swift and extraordinary action."

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