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Obama: Congress “On Target” to Approve New Stimulus

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The president says he expects his economic recovery package to be passed by the Feb. 16 deadline after a bipartisan meeting at the White House Friday.

Also takes a swipe at formerĀ  Merrill Lynch CEO Thain saying any legislation on the remaining bailout funds must include new measures of accountability.

House Speaker Pelosi, Minority Leader Hoyer, Senate Majority Leader Reid, Minority Leader McConnell and others were in attendance.

Read Obama's pre-meeting remarks here.

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