January 25, 2008

Bush says stimulus deal can be reached quickly

WASHINGTON (Reuters) - U.S. President George W. Bush predicted on Tuesday that a deal could be reached with the U.S. Congress soon on a fiscal stimulus package and said it was needed to deal with "uncertainty" in the economic outlook.

"I'm confident that we can get an agreement passed, and we can get an agreement passed in relatively short order," Bush told reporters at an event to unveil a new program on financial literacy. "All of us want to get something done, all of us want to get something done that will be temporary and effective, and all of us want to get something done as fast as possible."

Bush said he and his advisers are carefully monitoring the troubles in the economy that have caused global financial markets to fall sharply.

"We have confidence in the long-term strength of America," Bush said. "But there is some uncertainty that we're going to have to deal with."

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