Sunday, January 25, 2009

Here We Go Again

The U.S. economy faces “very difficult” months ahead, requiring quick passage of a stimulus package and a retooled bank rescue plan aimed at reviving lending, said Lawrence Summers, director of the White House’s National Economic Council.

“The next few months are, no question, going to be very, very difficult and it may be longer than that,” said Summers, appearing on NBC’s “Meet the Press.”

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