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New Obama plans: 'spend our way out' of downturn

Posted: Dec 6, 2009 11:48 am CST

In effort to roll back unemployment, Obama to spell out new spending-based job-creating initiative. [Wong/Getty]

December 8, 2009, WASHINGTON (AP) -- President Barack Obama outlined new multibillion-dollar stimulus and jobs proposals Tuesday, saying the nation must continue to "spend our way out of this recession" until more Americans are back at work. . . continue reading.