US President ‘open’ to second stimulus

Other News Materials 21 October 2008 02:58 (UTC +04:00)

US President Bush hinted Monday he would be willing to consider a second stimulus package, hours after America's top banker suggested one might be necessary, reported CNN.

Federal Reserve Chairman Ben Bernanke told Congress Monday it would be "appropriate" for lawmakers to consider "a fiscal package."

White House spokeswoman Dana Perino said soon afterward that Bush is "open to ideas ... that would stimulate the economy."

The Bush administration has been resisting Democratic proposals for a second round of checks from the government to taxpayers, but Perino said the objections were to specific elements of the proposed programs.