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Italy

Obama says his plan with tax cuts to get quick OK (AP)

President-elect Barack Obama, flanked by Treasury Secretary-designate Timothy Geithner, left, and Council of Economic Advisers Chair-designate Christina Romer meets with members of his economic team at his transition office in Washington, Monday, Jan. 5, 2009. (AP Photo/Gerald Herbert)AP - President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion. He predicted lawmakers would approve a mammoth revitalization package within two weeks of his taking office.


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