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Obama Weekly Address: Good News for the Auto Industry

April 24, 2010 2

As the auto industry and financial markets begin to stabilize, the President says the government’s emergency interventions are now winding down. He pledges that real reform, particularly on Wall Street, must now begin. General Motors announced that it has repaid its loan to taxpayers with interest five years ahead of schedule, and Chrysler Financial has already fully repaid with interest its loan as well.

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Fed Chief Bernanke: Moderate Recovery Signals Time to Cut Deficits

April 15, 2010 2

“On balance, the incoming data suggest that growth in private final demand will be sufficient to promote a moderate economic recovery in coming quarters,” Bernanke said in testimony to Congress today. “Significant restraints on the pace of the recovery remain, including weakness in both residential and nonresidential construction and the poor fiscal condition of many state and local governments.”

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Obama Weekly Address: Opening Doors for Small Business

February 6, 2010 0

Reiterating once again his commitment to small business as the engine of our economy, the President urges Congress to move forward immediately on steps to help them expand and create jobs. These proposals include using $30 billion in TARP funds to create a new Small Business Lending Fund to provide capital to community banks to increase lending to small businesses…

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President Barack Obama to deliver his State of the Union address tonight

January 27, 2010 1

When Mr. Obama presents his first State of the Union address on Wednesday evening, aides said he would accept responsibility, though not necessarily blame, for failing to deliver swiftly on some of the changes he promised a year ago. But he will not accede to criticism that his priorities are out of step with the nation’s.

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Obama Weekly Address: Pushing Forward on Jobs

December 5, 2009 0

In his weekly address, President Obama said the jobs numbers released yesterday indicate that the job loss trend is improving, but that his administration remains committed to accelerating these trends and putting more Americans back to work. Next week, the President will announce additional ideas about growing the economy and adding jobs to our economy.