President-Elect Barack Obama Holds a News Conference

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President-Elect Barack Obama Holds a News Conference

PRESIDENT-ELECT OBAMA HOLDS A NEWS CONFERENCE

JANUARY 7, 2009

SPEAKER: PRESIDENT-ELECT BARACK OBAMA

[*] OBAMA: Good morning.

By now, we know we are facing a crisis in our economy: one that requires immediate and decisive action to spur the creation of new jobs as we lay the foundation of future growth.

With the American recovery and reinvestment plan that Congress will soon be debating, we intend to deliver that change.

But during the course of this campaign, during the course of the last two years, I committed to more change than that.

We committed to changing the way our government in Washington does business so that we're no longer squandering billions of tax dollars on programs that have outlived their use...

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