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Scratch that -- Obama to discuss economy today

Earlier, we noted that, over the next two weeks, President Obama's schedule will be heavy on items not related to the economy: Hurricane Katrina (yesterday), Iraq/Afghanistan (tomorrow), Middle East peace (Wednesday), and the 9/11 anniversary (next week).

Clearly not wanting the economy to take a backseat to those other issues, the White House has just announced that Obama will make a statement to reporters at 12:30 pm ET. Per MSNBC's Richard Wolffe, the subject is the economy.