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[In Elkhart, Indiana, President OBAMA - says doing nothing is not an option.]
(Studio: Anderson Cooper) Live strategy session held with CNN's David Gergen, John King, Ali Velshi, Gloria Borger and BET's Pamela Gentry about Obama's press conference and the economic stimulus plan. [BORGER - says Obama is trying to make the case that this has to happen now: that a crisis could turn into a catastrophe.] [GENTRY - comments on Obama's tough talk about Republicans.] [VELSHI - comments on the White House graph on the economy with the stimulus plan; adds we may bottom out in the next two months.] [GERGEN - says Obama got only 3 of 219 Republicans to support the bill; outlines the risk for Obama: that the economic situation is getting worse by the week and the big issue is whether the package is actually enough.] Other material: [OBAMA - says if you delay action, you create a negative spiral: that this is not an ordinary recession and we have lost 3.6 million jobs; speaks about the Republican credibility on fiscal responsibility.]
- Cooper, Anderson
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