UPDATE 1-Obama: U.S. may be starting to see recession end

Newswire

*Obama defends stimulus policies *Obama confident carmakers will pay back government loans (adds quotes) By David Alexander RALEIGH, N.C., July 29 (Reuters) - President Barack Obama said on Wednesday the United States may be starting to see the end of the 19-month recession and that his policies helped the country from plunging into a depression. Obama made a detailed defense of his economic policies, from bank and auto bailouts to stimulus spending, in the face of persistent ...

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