Power Point: Stem the bleeding

December 23, 2008, 4:50 AM UTC

“The single most important thing we have to do as a new administration…is we’ve got to begin to stem this bleeding here.” 

– Vice President-elect Joe Biden yesterday on “This Week with George Stephanopoulos.” Biden said that the economy is in much worse shape than he and Obama had thought, and a second stimulus package costing $600-700 billion may be needed. Hear more gloom and hope for recovery from Biden on “Larry King Live” tonight.

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