Article by Steve Schifferes, BBC News (UK), 8 January 2009US President-elect Barack Obama has called for "drastic action" to prevent the US economic situation worsening.
In his first major policy speech since being elected, Mr Obama urged Congress to act quickly to pass his $800bn (£526bn) stimulus plan.
"I don't believe it's too late to change course, but it will be if we don't take dramatic action as soon as possible," he said.
"If nothing is done, this recession could linger for years."
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