Stimulus saved or created 640239 jobs: White House

Stimulus saved or created 640239 jobs: White House

WASHINGTON (Reuters) - The Obama White House on Friday said it believed grants and loans from the $787 billion economic stimulus plan approved early this year had saved or created 640,329 jobs so far.

The stimulus, pushed through the U.S. Congress in February by President Barack Obama's Democrats, has been heavily criticized by Republicans because it has done little to stop U.S. unemployment from rising to its current 9.8 percent.

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