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White House not proposing second stimulus package

WASHINGTON
Tue Oct 21, 2008 2:33pm EDT
U.S. President George W. Bush participates in a roundtable discussion on the economy with local business leaders at the Central Louisiana Chamber of Commerce in Alexandria, Louisiana, October 20, 2008. REUTERS/Larry Downing

WASHINGTON (Reuters) - The White House on Tuesday said it was not proposing a second economic stimulus package, but was open to ideas that would clearly help the economy.

Barack Obama

"We're not proposing a second stimulus package right now," White House spokeswoman Dana Perino said. "We are open to good ideas, we will listen to people if they put anything forward that we think would actually stimulate the economy; so far we have not seen that."

Federal Reserve Chairman Ben Bernanke on Monday told Congress another wave of government spending may be needed following a first stimulus package earlier this year.

(Reporting by Tabassum Zakaria; Editing by James Dalgleish)



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