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Obama: Economy Back From the Brink

 Mallie Dein     9 months ago
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LOS ANGELES (AP) -- President Barack Obama says the economy has stepped away from the verge of calamity and Americans are calmer about the future.

Obama spoke Wednesday to donors at a Democratic fundraiser at a Beverly Hills hotel.

He told them, "It's safe to say we have stepped back from the brink."

Obama said the stimulus bill that Congress passed three months ago is starting to improve the economy.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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