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  • Obama Suggested FDR’s ‘New Deal’ Was Too Small, House Republicans Say

    01/29/2009 4:56:18 AM PST · by markomalley · 53 replies · 1,645+ views
    CNS News ^ | 1/29/2009 | Josiah Ryan
    President Barack Obama (AP Photo) (CNSNews.com) - In a closed-door meeting with House Republicans on Tuesday to discuss the $819-billion economic stimulus bill, President Obama suggested that Franklin Roosevelt’s New Deal failed because it was too small, Reps. Steve King (R-Iowa) and Rob Bishop (R-Utah), who attended the meeting, told CNSNews.com.   “FDR’s initial steps did actually work,” Obama said at the meeting, according to King. Obama went on to say, “Then he [FDR] pulled back towards a balanced budget, and then what you had was a recession within a depression. Then World War II came along and was...