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White House: not time for second stimulus package

CRAWFORD, Texas
Tue Aug 19, 2008 12:24pm EDT

CRAWFORD, Texas (Reuters) - The White House on Tuesday said it was not considering a second economic stimulus package at the moment.

Barack Obama  |  Bonds  |  Global Markets

"With regards to a second stimulus, I don't think that we are there at the moment," White House Spokesman Gordon Johndroe said.

"The economy is something the president has remained focused on, especially with regards to the energy sector and wanting to see oil and gas prices come down even further than they already have," Johndroe said. The administration would like to see Congress act on Bush's energy plan, he added.

(Reporting by Tabassum Zakaria; Editing by Dan Grebler)



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