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Stimulus working, deficit can wait: Summers | Reuters

The Obama administration's $787 billion stimulus package is working despite rising U.S. unemployment and stabilizing the economy must take precedence over tackling the bloated deficit, a top White House economic adviser said on Friday.

Lawrence Summers, head of the National Economic Council, also defended President Barack Obama's "ambitious" policy agenda, saying addressing big issues such as health care and energy reform would lay the foundation for future prosperity.