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Obama to hold news conference on Thursday

WASHINGTON (Reuters) - President Barack Obama will hold a news conference at 11 a.m. EDT on Thursday, the White House said.

Obama will take reporters' questions in the East Room of the White House as he presses for congressional approval of his $447 billion jobs plan. Republicans are resisting large parts of the package as well as his proposal to pay for it mostly through increased taxes for wealthier Americans and elimination of some tax breaks.