Obama urges spending curbs, hands out $15 billion (AP)

President Barack Obama delivers remarks to open the Fiscal Responsibility Summit, Monday, Feb. 23, 2009, in the East Room of the White House in Washington.  (AP Photo/Ron Edmonds)AP – Urging future restraint even as current spending soars, President Barack Obama pledged on Monday to dramatically slash the skyrocketing annual budget deficit as he started to dole out the record $787 billion economic stimulus package he signed last week.

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