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Remarks Following a Meeting With the House Republican Conference

January 27, 2009

Hello, everybody. We had a very constructive meeting with the House Members, Members of the Republican caucus. I'm a little bit late for my Senate colleagues--former Senate colleagues.

And the main message I have is that the statistics every day underscore the urgency of the economic situation. The American people expect action. They want us to put together a recovery package that puts people back to work, that creates investments that assure our long-term energy independence, an effective health care system, an education system that works; they want our infrastructure rebuilt, and they want it done wisely, so that we're not wasting taxpayer money.

As I explained to the Republican House caucus, and I'll explain to my former Senate colleagues, the recovery package that we've proposed and is moving its way through Congress is just one leg in a multilegged stool. We're still going to have to have much better financial regulation, we've got to get credit flowing again, we're going to have to deal with the troubled assets that many banks are still carrying and that make the--that have locked up the credit system. We're going to have to coordinate with other countries, because we now have a global problem.

I am absolutely confident that we can deal with these issues, but the key right now is to make sure that we keep politics to a minimum. There are some legitimate philosophical differences with parts of my plan that the Republicans have, and I respect that. In some cases they may just not be as familiar with what's in the package as I would like. I don't expect a hundred percent agreement from my Republican colleagues, but I do hope that we can all put politics aside and do the American people's business right now. All right.

Note: The President spoke at 1:41 p.m. in the Ohio Clock Corridor at the U.S. Capitol.

Barack Obama, Remarks Following a Meeting With the House Republican Conference Online by Gerhard Peters and John T. Woolley, The American Presidency Project

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