Obama Presses for Action on the Economy

The New York Times
By BRIAN KNOWLTON
Published: January 8, 2009
Transcript: Obama's Speech on the Economy (January 8, 2009)

WASHINGTON — President-elect Barack Obama on Thursday urged Congress to act quickly to pass sweeping economic stimulus measures, including a tax cut and an infusion of as much as $800 billion, or face the likelihood that “this recession could linger for years.”

In making an unusually direct and high-profile appeal in remarks at George Mason University in northern Virginia, Mr. Obama was building on a campaign for swift economic action that he has conducted for weeks — each time in ever-sharper terms.

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