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Westminster, Colorado - Democratic White House contender Barack Obama expressed confidence Monday that a rejected bailout package would still get through Congress and urged markets to stay calm.
At a rally here, Obama said he had been on the telephone with Treasury Secretary Henry Paulson and House of Representatives Speaker Nancy Pelosi along with other congressional leaders.
"They are still trying to work through this rescue package," the senator said after the House rejected the $700bn package in a knife-edge vote.
"I'm confident that we're going to get there but it's going to be a little rocky," Obama said.
"It's important for the markets to stay calm because things are never smooth in Congress and to understand that it will get done."
- AFP