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Obama calls for stimulus package

Wants Congress to act quickly on $100b in aid; Pledges to take economy 'head on' once in office

President-elect Barack Obama and met with Vice President-elect Joe Biden and the members of his economic advisory team yesterday in Chicago. Obama said he wants Congress to pass an economic stimulus package of $100 billion or more. President-elect Barack Obama and met with Vice President-elect Joe Biden and the members of his economic advisory team yesterday in Chicago. Obama said he wants Congress to pass an economic stimulus package of $100 billion or more. (John Gress/Reuters)
By Joseph Williams
Globe Staff / November 8, 2008

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WASHINGTON - President-elect Barack Obama, in his first postelection news conference, said yesterday that he wants Congress to pass a fresh economic stimulus package "sooner rather than later" to help stabilize the staggering American economy - a challenge made more urgent by soaring unemployment that rose last month to its highest level since 1994. (Full article: 1105 words)

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